Shane Oliver’s latest article looks at coronavirus and other worries, and how to turn down the noise around investing.
Key Points:
- The coronavirus outbreak is just another of a long list of worries. Our natural inclination to zoom in on negative news combined with a massive ramp-up in the availability of information is arguably making us worse investors: more fearful, more jittery, more short-term.
- Five ways to help manage the noise and turn down the worry list are: put the latest worry in context; recognise that shares return more than cash in the long-term because they can lose money in the short-term; find a process to help filter noise; make a conscious effort not to check your investments so much; look for opportunities that investor worries throw up.
Read Shane’s complete article here. If you have any questions, please do not hesitate to contact me.