How to avoid the seven deadly ISA sins
By Kirsten Hastings, 10 Feb 16
With two months to go before the end of the current tax year, Maike Currie, investment director for personal investing at Fidelity International highlights seven ISA sins that investors should avoid.
If you had to sum up markets in 2016 in one word, it would be ‘volatile’. We have enjoyed a bull market for a number of years now and as bull markets mature, volatility does tend to increase.
Corrections over the course of a bull market are normal, often creating a floor for the next uptick in markets.
Don’t get spooked out of the market on the bad days.
Rather stay invested, be patient and assess whether the dips present an attractive buying opportunity.
In the words of Warren Buffett: “Be fearful when others are greedy and greedy when others are fearful.”
Tags: Fidelity
