Dear Investor,
Wishing you a Happy and Prosperous New Financial Year!
When Iran dominated the headlines last month, our phones rang. Investors wanted to exit. It is a natural instinct — the Iraq geopolitical tension, Kargil, Russia-Ukraine, every major conflict triggered a market correction. And every single time, disciplined investors who stayed the course captured recoveries averaging 37% within six months. The ones who exited locked in the loss and missed the rebound entirely.
This month, our Spotlight goes deep into exactly this — Profit Over Panic in Times of Conflict walking you through the data, the behavioral traps, and a clear action plan to help you stay invested with conviction.
We also have exciting news closer to home. Our digital presence is now live reimagined from the ground up to make your financial journey more intuitive, informed, and empowering. We have built it for you, and we cannot wait for you to explore it.
Markets aren’t the only thing needing a check-up. This edition’s Personal Finance Corner focuses on an equally vital 360-degree financial health review: portfolio, protection, cash flow, and life goals. Since your plan must evolve with your life, review it now if you haven’t recently.
We deeply appreciate your continued confidence in us.
Warm regards,
Sandeep Chhajer Founder & CEO, SubhShanti Wealth
Profit Over Panic
in Times of Conflict
While daily conflict headlines naturally cause investment anxiety and prompt many to instinctively exit the market, history shows that reacting to this noise is rarely a successful strategy.
Let’s look at how markets have actually responded to major military operations in the past:
Markets are resilient
While major global conflicts undoubtedly trigger immediate market reactions, history shows that they bounce back surprisingly fast.
The historical pattern
Past conflicts (Iraq geopolitical tension 1990, Kargil geopolitical tension 1999, Russia-Ukraine geopolitical tension 2022) caused temporary market corrections, followed by strong recoveries within six months of the low point.
The numbers speak for themselves: Market corrections typically range from 9% to 14% during these events, yet the average 6-month rebound delivers a strong 37% recovery.
Corrections
Rebound Recovery
The Behavioral Perspective
Geopolitical events create short-term market noise and the true risk in a crisis is selling low and missing the recovery. Historically, disciplined investors who remain invested through volatility are rewarded.
Your Action Plan
Control what you can: goals, asset allocation, and long-term plan, don’t focus on temporary market moves. Markets fall fast during conflicts but recover faster. Stay calm, ignore headlines, and stay invested.
“In the middle of every difficulty lies opportunity.”
Welcome to the New
SubhShanti Wealth Experience!
We are thrilled to announce the official launch of the brand-new SubhShanti Wealth website this month! Designed to reflect our ongoing evolution and commitment to client-centric financial planning, our modernized digital home offers a seamless and intuitive experience. Whether you are reviewing strategic investment options or diving into our behavioral finance insights, everything you need is now available at your fingertips.
We have completely reimagined our online presence to make financial education and goal-based investing easier to navigate. When you explore the new site, you will discover:
Enhanced Resources
Faster access to mutual fund insights, retirement planning tools, and personalized wealth management strategies designed for lifelong financial freedom.
Focus on Investor Psychology
A dedicated education hub featuring articles on market volatility, emotional investing, and building wealth with patience and discipline.
Modern & Mobile-Friendly
A sleek design that lets you stay securely connected to your holistic financial roadmap from budgeting to tax optimization on any device.
Experience a smarter way to connect with your wealth.
Visit Our New Home Today
The Janitor and
the Executive
Fortune built on a janitor’s salary
Ronald Read was a humble man who worked as a gas station attendant and a JCPenney janitor in Vermont for his entire life. He wore patched clothes, drove an old car, and lived completely under the radar. When he passed away at age 92 in 2014, his family and friends were shocked to discover he had quietly amassed an $8 million fortune.
He simply spent less than he earned and consistently invested his savings into high-quality, dividend-paying blue-chip stocks for decades. Meanwhile, Richard Fuscone, a Harvard-educated former Merrill Lynch executive with an enormous salary, borrowed heavily to expand an 18,000-square-foot mansion and ended up declaring bankruptcy after the 2008 financial crisis.
Investor Moral: Financial success is not a hard science; it is a soft skill. Your behavior, patience, and savings rate matter far more than your income, intellect, or financial pedigree.
The 360-Degree Financial Health Check Up You Need This Month
A financial plan is not a “set it and forget it” document. Just as your life, income, and responsibilities evolve, your financial strategy must adapt alongside them.
As highlighted by the Financial Planning Standards Board (FPSB), periodic financial reviews help individuals assess their complete financial well-being, moving beyond just investment performance to create true alignment across all their finances.
A good review is about asking the right questions:
- Is your family adequately protected?
- Is your portfolio aligned with your current risk appetite?
- Are there any areas where you might be overexposed or inefficient?
Ultimately, a plan review does not mean you have to change everything. Often, it simply confirms that you are on the right path, allowing you to make small, meaningful course corrections before they become bigger issues.
Key Takeaways for Investors:
It goes beyond returns
A true review looks at your entire financial ecosystem, including cash flow, debt management, and life insurance.
It adapts to your life
Major life events like a career change, growing family, or nearing retirement require corresponding adjustments to your financial strategy.
It provides peace of mind
Identifying gaps early brings clarity and discipline, ensuring your money continues to work for what truly matters to you.
P.S. Ready for your financial tune-up? Connect with our team to get your review scheduled today.
April Fools or
Financial Fact?
Two of these are true, and one is the April Fool. Spot the fake.
BSE began under a banyan tree in Mumbai.
Warren Buffett bought his first stock at age 11.
Indian households can legally hold only up to 100 gold coins.
Previous Edition Answer Reveal
Which of the following best describes a common pattern seen in several major March financial panics worldwide, including those affecting India?
Market panics usually follow periods of easy credit, rapid lending, and asset inflation. Systemic risk builds when borrowing outpaces income. Small triggers (like a default or policy shock) cause sharp, leverage-driven corrections fueled by overconfidence. Indian markets frequently exhibit this credit-fueled boom-bust cycle. Investors must monitor credit growth and leverage, not just prices, especially when valuations seem unrealistic.
