Perhaps you’ve read The world’s largest wealth management explains why traders should stay invested amid the market’s latest downturn – and offers 3 specific recommendations from Markets Insider.
Quoting a colleague in the industry:
Last Friday’s hotly discussed investment topic: Will the sell-off from tech continue and spill-over to other sectors or it is merely a healthy correction?
The good news is that it doesn’t matter in the grand scheme of things. Prepare for both.
The point of 2 and 3 is similar. Diversify across regions and asset classes.Amir Hamzah, Team Director, iFAST Global Markets (Singapore)
That’s the quick takeaway for you.
And to recap the 3 recommendations:
- Ease into markets
- Diversify for the next leg
- Protect against the downside
I’ll give my brief commentary in the next post.