By Ben Kemp
The world and specifically financial markets are as sensitive and as volatile as they have ever been before. News travels fast and the “story” seems to build legs quicker than it ever has before. While everyone wants to find the next big thing, CSL, Nvidia, Bitcoin, etc. there is also a massive eversion to losses and an aggressive pulling back out of investments occurs when concerns arise, whether they be real or perceived. As we have spoken about on the Fine Answers Podcast and in previous blogs, news both positive, but normally negative travels faster than ever before and with more emotive reporting than historically.
We live in an age of Cryptocurrency and in a time where X (Twitter) posts can drive up or down a market or stock within minutes of going live. Some are questioning the historical rules of investing and the way in which valuations are performed, but above all things the most simple of principles still applies, don’t let your emotions drive your decision making.
As we sit by and watch Donald Trump apply tariffs and a range of embargos on the Nations of the global economy, we see a marketplace full of red. People are nervous, and real or otherwise they’re pulling back from the glory of the recent markets to shelter themselves from these imposts. It isn’t to say that these regulations won’t have an impact on markets and performance of countries, sectors and specific companies, but how does that short to medium term impost impact your greater strategy and wealth creation plan? Maybe it is an opportunity to buy, maybe it is a reason to hold, but most importantly make sure it is a reason to step back and re-assess your situation without the emotion. Maybe even a conversation with your trusted adviser could help…
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