Three tips for navigating market volatility
By International Adviser, 12 Feb 18
Recent market volatility can represent a challenge to clients’ nerves – behavioural finance expert Greg Davies has three top tips for smooth investing in the turbulence.
Don’t change things just for the sake of it
“There is a natural human bias towards action – you feel you should be doing something,” says Davies.
“Don’t just do something, stand there. Do some portfolio house keeping use the rebalancing opportunity – make a list of small actions which will make you feel better but don’t do any big panic driven actions.”
Tags: Volatility