Market volatility: Should you exit or stay invested in your equity scheme?

Warren Buffet once said: "Be fearful when others are greedy, and be greedy when others are fearful." Many people do exactly the opposite and get distracted by short-term market volatility and corrections. Rather than exiting the market, learn to ignore volatility and invest more during corrections. This article discusses 3 data points on why you should stay invested despite the volatility. In the last few months, stock market volatility has increased. Stock market volatility measures the extent of change in the prices of individual stocks and the indices. In the past, on most occasions, the broader indices such as the BSE Sensex 30 or the Nifty 50 move around 1% in a day. However, in the last few months, there have been many occasions days when the index moved in the range of 1%-3% in a...