Don't try to time the market
No-one can predict what the markets will do next. Selling your investments when prices have fallen can be an unwise investment strategy, and could result in a permanent loss. Fund managers work hard to exploit these downturns in the market to ensure your investment makes the most of any opportunities during uncertainty.
Consider regular investments
By investing on a regular basis, you'll buy assets at a different price each time you invest. This can help smooth out the impact of the highs and lows of market movements. Regular payments into your investment may help increase the chance of purchasing assets at a low price.
A well constructed investment portfolio can help minimise investment volatility. Diversity can be achieved by investing with different fund managers. Or invest in a fund like our Primary Fund range, which invests in different underlying funds, within different asset types, across a range of geographical regions and fund management styles.
Ensure your investment plan is up to date
Your investment plan or strategy should be aligned to your tolerance to risk, ability to absorb loss and time horizon and investment goals. Making sure your plan is current may help you ride out volatility. It's important to regularly review your investment portfolio. This may result in changing any part of your investment strategy. For example, you may decide to put off that planned purchase to a later date when market conditions have settled, or it may mean considering a different approach to risk.
We're here to help and assist you with your financial goals, so if you have any concerns or questions with your portfolio or investment plan, please contact your Financial Planning Manager.