019: Should you worry about the market volatility?

019: Should you worry about the market volatility?

It’s a hot topic for many investors right now. Should I worry about Brexit, the stock market went down on Friday and Monday, what should I do? How does this affect me?

Points discussed:

-Remember that there are things you can control in life, such as decisions you make and actions you take, and there are things you and I have no control over, such as market going up and down.

Review- what your financial and life goals.

-When was the last time you sat down and re-assessed your situation.

– What are your goals?

– Have they changed recently?

-Rebalance your portfolio

-Diversified low cost investments (index funds & ETFs)

-If no financial plan, then work on building one and align it with your portfolio

And lastly, Turn off the TV and go do something today that you can control!

 
Anna Sergunina
anna@adviceonly.net

I passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

Get Started with Anna