The Cost Of Acting On Emotions
In October 2008, the market hit rock bottom. Many investors panicked and sold, locking-in their losses. Many who acted on emotion mainly moved their money into cash or tried to time the market by reinvesting into the stock market a short-time later.
However, as illustrated below, those who stayed the course and had the foresight to take advantage of high-quality assets on sale, during the worst financial crisis of our time, ultimately benefited the most from the inevitable market upswing.
Information published on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained in this document is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs.
Before making an investment decision based on this advice you should consider, with or without the assistance of a qualified adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. Past performance of financial products is no assurance of future performance.