Back to basics
The past couple of years have seen some sharp changes in fortune for investment markets.
In early 2020, COVID-19 emerged at pace as a pandemic, upending lives, economies and markets around the world in a matter of weeks.
Then, after a period of rapid market recovery, downturn came again as longer-term impacts of the pandemic combined with those of the war in Ukraine set inflation rising around the world.
As an investor, it’s perfectly normal to be worried during a market downturn and more challenging economic times. Investing is normally about building a long-term plan designed to achieve your financial goals. So, the right financial plan for you should aim to match your expectations for investment returns against your risk comfort over the appropriate time horizon to help smooth out these peaks and troughs.
When the going feels tough it may prompt you to revisit the principles of investing.