VAX AND VIGIL FOR YOUR ASSETS

Pandemic creates the best opportunity for you to review and recast your portfolio to preempt and protect your investments

- Manik Kumar Malakar

Economic headwinds unleashed by the Covid-19 pandemic have stormed the world since early last year. The mounting economic losses for the nation have trickled down to the personal finance of every individual. Worries over protecting whatever we are left with from further damage intensified inexorably after the outbreak of the second wave of the pandemic this year.

This too shall pass – the words of solace fall flat when every morning greets us with the news of lakhs of people being choked and thousands of lives being lost – unless we try to see the other side of the fiasco.

“In fact, this is a rare opportunity to hone up your financial skills,” says Palka Chopra, Senior Vice-President of Master Capital Services. “This is the time when you need to give an intense relook into your finances and revisit all your decisions to learn from your mistakes.” Her firm positions itself as a trusted partner with the right set of tools, knowledge and experience to guide its clients through the complex mosaic of the financial markets.

We may not circumvent the crisis but with fiscal discipline, we can navigate in the right direction with a minimum threat to our life’s savings. The learning in this trying time will, experts believe, help us plan our future better and work towards more robust protection against unforeseen crises.