The world is in chaos and NO ONE knows what is going to happen next. Stock markets worldwide have dropped significantly, wiping out trillions of shareholders’ money. NO, you haven’t lost anything yet unless you decide to sell. In my opinion, President Trump has overplayed his hand.
South Africa is in turmoil, and the future of the GNU is at risk. This could cause further negative sentiment in financial markets. Where does that leave us as investors?
Do not let emotions influence your decision-making. An emotional decision is usually not the right decision. By definition, emotions are feelings you experience caused by either pain or joy, which then lead to a certain reaction.
PWM is of opinion that it is premature to make any decisions right now. Once everything plays out, a more sensible decision can be made.
All our wrap funds are well-diversified. Some carry more risk than others, and time, plays an important role. All previous market crashes have recovered to previous levels and continued to grow.
The keyword is therefore “PATIENCE.”
However, if you feel uncertain about your investment, do not hesitate to call us.