The Share Market Is Going Bonkers. Are You Strategic or Emotional?
One week after sending a post about reassessing the risk you are taking with your investments or retirement nest egg, what happens?
If you want to go back and read it, click here to read it>>
This week has seen some of the biggest falls in share markets since the Global Financial Crisis.
Did we have a crystal ball?
Certainly not, but I wish sometimes.
How you react to such movements in investment markets can define your future?
Sell out thinking you’re going to lose it all.
Or sell out thinking it’s going to go lower and try to get back in at a lower point.
Alternatively, it may just add more stress to your life wondering what impact it’s all going to have on your retirement nest egg.
Now is the time to remain calm among a period of negative headlines from the financial pornography channels.
While at times investment markets can be SCARY, if you want to earn good long term returns, knowing the market will have shocks from time to time is a ticket to the game.
This is the time where we tell you to fasten your seat belt as we experience some rough turbulence.
Any investment decision you make should be based on a solid plan and the evidence, not some pumped up news article designed to sell newspapers.
Below is a video we put together to help you better manage in a times uncertainty.
Glenn Doherty – CFP – Founder & Financial Organiser at Jigsaw Private Wealth
Helping busy professionals, business owners, and pre-retirees retire ready in better financial shape because living your best life is what matters most.