Pages

Friday, 20 July 2012

Patience A Virtue In Volatile Markets


During volatile times, many investors get spooked and begin to question their investment strategies. This is especially true for novice investors, who can often be tempted to pull out of the market altogether and wait on the sidelines until it seems safe to dive back in. The thing to realize is that market volatility is inevitable. It's the nature of the markets to move up and down over the short-term. Trying to time the market over the short-term is extremely difficult. One solution is to maintain a long-term horizon and ignore the short-term fluctuations. The following tips could be employed for a better result while investing in market during volatile times:

i. Review your financial plan:
ii. Don't let emotions affect your financial future
iii. Diversify, diversify, diversify

No comments:

Post a Comment