What a year 2020 was for investors, so far! First, we saw the fastest bear market on record and then the fastest recovery. What on earth will happen in the rest of the year? Of course, the answer to that is nobody knows.
As the 2019/20 financial year drew to a close, I would like to :
- Share with you what I’ve learned about investing in times of uncertainty; and
- Recommend an article on making good investment decisions in times of uncertainty.
WHAT I HAVE LEARNED ABOUT INVESTING IN TIMES OF UNCERTAINTY
Over the last few months, I’ve had many conversations with nervous investors. A question that kept coming up was “Is this the right time to invest?”. I put together a video to answer this question. Check it out by clicking below!
HOW TO MAKE INVESTMENT DECISIONS AMID ALL THE UNCERTAINTIES?
The coronavirus pandemic and its economic and market impact have raised many questions for us all. But thinking you need to answer them before investing is a mistake.
As this article explains, being successful as an investor is less about being right than having a strategy that can survive a wide range of possible outcomes. https://www.evidenceinvestor.com/give-yourself-the-best-chance-of-success-as-an-investor/
If you have questions or concerns, let’s have a conversation.