Emotions can cloud your judgment.

Mar 11, 2020 | Stephanie Woo


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A constant source of debate for investors has been the outlook for global markets. COVID-19, oil, late cycle, recession, and market uncertainty dominate the headlines. Investors often make poor decisions when they let their emotions take over. Instead, stay focused on your long-term goals and carefully consider your options.

Have you heard the investment adage, "buy low, sell high"? Strong emotions during market swings can tempt you to do the opposite - buy high and sell low.

You may also feel that doing something - anything - during a downturn is better than doing nothing. Although inaction might seem counterintuitive, staying invested in the market could be the better choice.

While markets have become more volatile, client situations have become more complex, the need for honest and thoughtful advice has never gone out of style.

Reach out for a fresh perspective. Contact Stephanie Woo @ 604.257.3234 or by email at stephanie.woo@rbc.com. She is always happy to help.