Insights
It’s all about time, not timing
In light of the extraordinary position we current find ourselves it is important to note that we have been here before. While the reason for the market correction is unique the impact is none the less dramatic. The main thing is we must do is maintain calm and not make any knee jerk decisions that will have dramatic long term impact on our portfolios.
You should note that policymakers and responses have been mobilised although effectiveness will be mixed and the long term impacts are unknown the primary aim is to prevent a financial crisis not to offset a near term investment market drawdown. Unfortunately the likelihood of a global recession has increased and all of this has led me to revert back to the very basics of investment theory. This is theory that has stood the test of time through all the major historically events.
