Market volatility: Two universal truths to consider

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[ADVISOR VIEW] By focusing on what can be controlled, ignoring what can’t and sticking to the investment strategy without deviation investors will be able to achieve the ultimate goal: superior wealth creation: TianEbersohn - PSGPretoriaOos.

At the time of writing the Nasdaq and S&P 500 indices have lost 31.2% and 23.4% from their highs in December 2021. These figures represent proper bear market territory.

So, what are some of these truths, and how do they impact on my investment portfolio? Let’s explore a few and consider the impact they may have on your portfolio’s performance.A bull market can be defined as a gain of more than 20% in share prices. One enters a bear market generally when there is a drop of 20% or more in share prices.

Market timing is extremely difficult since it requires the investor to get two important decisions both right. Firstly, the investor must exit the market at a high, and secondly must re-enter at the bottom. The reality is often quite the opposite because when markets fall, a natural response can be to sell the shares and re-entry is only when markets are at a high.

 

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