Are Market Crashes bad ?

The Indian stock market has been on a downward path for sometime now . Every time i switch on CNBC TV18 i see Udayan Mukherjee sitting there with a dud face saying "It has been a bad day for the markets"

Are Market Crashes really so bad ? ... think not .. for these reasons

i) Had the conviction to buy a stock at a higher prices , isn't it now available at a discount

ii) Lower your average purchase price by buying more at a lower price

iii) Dividend yield would be better if your average purchase price is lower

iv) Have a SIP ? , then you must be happy that , your SIP amount would now buy you more units

v) Did not buy a certain stock as it was pricey , now it should be available at lower price

vi) Buying for the long term , buy the crashed blue chips during a market crash

I would reiterate , what i said earlier , money is made when you buy , so buy at the right price .It is during the panic of a crash that you start seeing stock priced at a bargain . But to be able to buy during a crash, you would need to be prepared . Be prepared with the money , prepared with the list of stocks to pick and also prepared with, at what price to pick .

So start preparing for the crash that is impending

Image : FreeDigitalPhotos.net,Photographer: renjith krishnan