If you are still in the stage of your life where you are accumulating assets for your future, temporary market declines or Stock Market crashes can be seen as a good thing, this is because they enable you to accumulate shares at low prices.
The media’s ‘stock market crash’ has historically been the accumulator’s sale, a fantastic opportunity to invest in the great companies of the world at a low cost. Many riches have been made from previous bear markets.
Your objective should be to take your focus away from the current value of your investments and focus instead on increasing the number of units that you hold.
This article is for retail clients and is provided for information and educational purpose only and does not constitute advice.
The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.
Best Life Financial Planning Ltd is an appointed representative of Best Practice IFA Group Limited which is authorised and regulated by the Financial Conduct Authority.
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