Investing during a crisis is undoubtedly a tricky affair as it can be pretty easy to make a damning investment move. Bhanu Choudhrie, a globally renowned entrepreneur, investor, and business leader, believes that although it’s tricky to make the right investment decision during a crisis, it’s still possible.
He is the founder of the top-class aviation industry conglomerate, Alpha Aviation Group, mainly specializing in pilot training. During a recent interview, this British-Indian aviation guru shared tips for investing during a crisis.
Think beyond the crisis
Bhanu Choudhrie mentioned that the business sector faces formidable crises from time to time. Some of these crises are so tremendous that they threaten to shatter the normal way of life and business operations. Such has been the case with the Covid-19 pandemic, which continues to threaten humanity despite the efforts put in by governments worldwide to contain it.
As an investor planning to make any investments now, you should be thinking beyond this crisis. The Alpha Aviation Group founder stated that it would be a mistake to base your investment decision on what’s happening during the pandemic.
He advised that rather than looking at the industries that are thriving now and investing in them, you should be analyzing the sectors that would explode after the crisis and investing there. This would allow you to reap massive rewards from your investments once the crisis passes.
Staying focused on the bigger picture
Bhanu Choudhrie mentioned that the primary reason that many people invest is to achieve financial security. Therefore as an investor seeking to invest during a crisis, you should remain focused on this big picture. You should not get swayed into making investments to make huge returns quickly. Bhanu Choudhrie explained that any investments that seem too good to be true should be avoided. This is because, during a crisis, slow and steady progress is better than risking it all on one big gain.
Bhanu Choudhrie’s: Facebook Page.