Has the recent volatility stressed you out? You’re not alone – a new study says market volatility is linked to heart attacks, strokes and suicide.
The study, which analysed 12 million deaths in China between 2013 and 2019, found an increase in deaths from heart attacks and suicide on days of significant market swings. Even strong days for stocks can be problematic for health, suggesting there is such a thing as too much excitement. So can days characterised by intraday volatility; stocks may end the day near where they started, but the intraday stress can take a toll.
Behavioural finance experts such as Nobel economist Richard Thaler have long argued investors shouldn’t check their portfolios too often. That’s good advice – for your health as well as your wealth.
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Source: IrishTimes - 🏆 3. / 98 Read more »