Global central banks will be cutting interest rates just as they did in the 2007 financial crisis. The good news is, historically, those who kept their investments when the market was low gained the most returns when it started to recover. There is greater reward in long term investing. Patience is the key.
Globally, markets are battling with uncertainty as experts continue to assess the economic blow brought about by COVID-19. Here are some tips on how to navigate your portfolio amidst uncertainty.
The key to a smart portfolio is to spread your money to various types of investments so that when market shocks come, your portfolio doesn’t come crashing. While there is no vaccine to protect investments from another pandemic, you can protect your portfolio from risks through diversification.
Whether you are an experienced investor or just beginning to invest, you’ve likely heard the saying “buy low, sell high”. Now is the time to grab the opportunity to buy that S&P stock you’ve always wanted while everything is cheap. When life returns to normal and the economy starts to recover, you will reap the rewards of buying during this down market cycle.
You can rely on BPI Asset Management and Trust Corporation’s professional fund managers to take events like the ongoing health crisis into account in making investment management decisions everyday. We always have your best interest at heart. We are here for the long run.
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- Investment Tips in the Time of COVID19