Five behavioural tips for investors to deal with volatile markets
By International Adviser, 14 Oct 22
‘Corrections and resets are a necessary part of being an investor’
Accept that you will probably be wrong
“If you decide to add to your portfolio at the moment, well done for taking positive action – just recognise that there is every chance that you will be punched in the face almost immediately by further falls,” Quilter Cheviot’s Henry said.
“That is just what the market does in volatile times like this.
“The chances of you ‘catching the bottom’ of the market are infinitely small so accept that, in all likelihood, this will not happen. But by choosing to add at a discount, regardless, your future self will thank you eventually.”
Tags: Quilter Cheviot
