a). Describe your half-year performance in one word.
Fun
b). What did you learn from a fluctuating market?
Volatility or fluctuating market is an inevitable part of investing; a necessary evil and investors must always be prepared to ride the ups and downs. Keeping everything in cash is the most secure thing to do in the short term but keeping too much in the longer term it is likely to be a poor decision. Inflation could gradually erode its spending power. Through compounding more volatile stock market returns, and ignoring short-term noise, I give myself a better chance of meeting long-term financial goals. It is often the case that the market falls more quickly than it rises, which is psychologically challenging. It is particularly bad luck if you have just invested a lump sum, but there is consolation from the fact that time spent in the market is far more important than timing the market over long periods, so as long as you have a long term view you should not be too concerned.
c). What is your investment plan for the remainder of the year?
Have a well-diversified portfolio of collective investments such as unit trusts and investment trusts, as well as a strategy that I am happy with.
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