In recent days we’ve seen share market drops increase as people panic over fear of the unknown with the Coronavirus. When panic is driving markets, it’s wise for investors to take a step back, and view these events in context and remain calm.
The Coronavirus is, undoubtedly, a significant human crisis and it will have an ongoing impact on markets. However, like epidemics and pandemics been and gone, this too will pass.
Though nerves are being tested, taking a long-term view and sticking to a long-term strategy is critical.
We are very fortunate to be partnered with investment managers who have great expertise in managing your investments through times like this. Through their knowledge, experience and proven long-term track record, we are confident in their decisions and support their investment philosophy.
It is also worth noting, this correction is happening at a time when many share markets around the world had reached record highs on investor optimism of continued world growth, with many stocks arguably in over-valued territory.
It is always important during times like this to remain calm, block out the noise and understand the long-term nature of your investments. As always, if you have any concerns or would like to chat, please do not hesitate to give us a call on (07) 3281 1300.
