We’ve all had that sinking sensation when the market goes against you, but what can we do to reassure ourselves and assess that our position is ready for anything the market throws at us?
In the third episode of the investment basics series, Jim Bishopp explains the idea of staying on course when the market turns against you, along with the importance of truly understanding your risk reward tolerance and market volatility.
Jim Bishopp discusses:
- How to handle and understand market volatility
- Why it’s important to trust your financial model when investing in the market
- How you can protect against market volatility
- How to determine your risk reward tolerance
- And more