How to deal with stock market volatility?
It’s prudent to understand market volatility is a normal part of investing. However as our emotions come to play and we start to question what should I do - and don't do - during times of higher volatility can make the difference between success and failure as an investor. With all the noise out there following are 10 principles that can help you navigate through market volatility and achieve your long-term financial goals.
1. Stay calm and invest on
2. Avoid market timing
3. Maintain your sense of perspective
4. Reassess your comfort level with risk
5. Stay diversified
6. Look for opportunities
7. Regularly rebalance
8. Stay focused on the long term
9. Put time on your side
10. Review your portfolio
Check out this article which expands on the 10 principles and feel free to contact me with any questions.
Sameer