Fact: They are rare, inevitable and are a feature of the markets.
When there is a correction, there are only 2 options you have with your investment portfolio(s)
In life, doing something typically leads to better outcomes. For example, work harder, you are more productive, study harder at school and you get better grades, etc. Investing doesn’t tend to work like this in fact. It is counterintuitive. The odds are stacked against you if you keep tinkering with things, mainly because:
These make timing the markets in real-time extremely difficult.
Here are some of the Don’ts that investors should avoid during a correction:
We are available to help you assess and maintain your existing portfolio, or build a new one. Get in touch with the Iron Wealth team and we can provide you with a structure, help you stay the course and enable you to reach your financial goals.