When markets are volatile, it is tempting to exit the market or switch to cash in an attempt to avoid further losses.
Though short term volatility in the markets can be disturbing, we should remember investing always involves an element of risk, which is heightened during periods of turbulence and economic uncertainty.
During these times, as we’ve seen in previous periods of volatility, one of the most important things to do is remain focused on your long term plans and financial goals.
Historically, investors who stayed true to their long term objectives through periods of decline have seen their investments go on to recover and then prosper...
See chart below as example...
Remember, it’s always recommended to seek advice from a financial adviser who can advise on your situation and investment portfolio.
Please get in touch to book an investment review with Willow Tree Financial Services. Appointments are virtual or held in person at our offices in Polegate, East Sussex.
The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.