With volatile markets and sudden drops in stocks, here are the best ways to get ahead of any changes.
1. Don’t shift into Cash – means you are not invested when the bear market ends with the subsequent rise is often the most lucrative.
2. Change your Funds – buy ‘defensive’ funds as these outperform the markets during recession.
3. Buy the dips – falling markets offer the opportunity to buy assets at a lower cost than their true worth.
4. Do nothing – often the best decision is to sit tight and let markets naturally rise.