Now is not the time to exit your portfolio, investors told as Covid-19 wreaks market havoc

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SA investors received a stern warning to stay invested following a sharp selloff on global markets and life as we know it changed in response to the coronavirus pandemic.

21 March 2020 - 11:19

lobal markets took a massive dive and life as we know it changed in response to the coronavirus pandemic. When markets crash and bad news is the order of the day, it’s natural for investors to panic. While you may feel like you desperately need to do something about moving your investments out of the market to stop the losses, it is often the worst thing to do.

Any decisions at this time should preferably be made with the help of a qualified financial adviser, he says.

 

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