November 2, 2023
With the recent situation with Israel and Hamas, many are wondering how this will affect the Middle East and in turn, the global economy. There will inevitably be investors who wonder if they need to move all of their investments into cash.
Emotions can play a significant role in investment decisions. Emotional investing is the tendency to make investment choices based on feelings rather than rational analysis. It is a natural human response, but it can lead to suboptimal outcomes in the financial world.
Here are a few key points to consider:
So how do you take a systematic approach to investing and avoid emotional reactions to market events? You draft a plan and strategy for all of the market ups and downs. That way, next time the market drops or is making record-breaking gains, you can make confident investment decisions that align with your long-term objectives. We are happy to help you avoid impulsive investment decisions by devising a strategy based on your risk tolerance and comfort levels. Contact us today!