Re: What's the latest investment strategy in your market?
In a down market it can be difficult to determine the best investment strategy for your portfolio.
Separate strategy and emotion - In a down market, some investors panic and try to protect their assets by moving money out of an investment. Then when the market goes up again, they become hopeful and decide to put their money back into the original investment. In a nutshell, emotions can cause people to buy high and sell low, which is the total opposite of what you should be doing . In a down market it's important to remain confident and not be influenced by short term performance. Remember, if you are investing in a long term goal such as retirement, time is usually always on your side. So unless your goals change, it’s a good idea to create a strategy and stick with it.
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