The first reaction during a period of high market volatility could be to panic. But it’s better to avoid that and to instead plan.
Various events can cause market fluctuations. You cannot control how these forces end up affecting it, but measures can be taken to mitigate their impact on the portfolio of investments. One of the best ways to manage the impact of market volatility is to create and stick to a diversified and risk-adjusted investment plan.
If you have already created this type of a plan, you could consider reviewing it to see if you need to make any changes to achieve your financial goals. It is important not to make rash decisions during periods of high market volatility.
Here are some tips that may be helpful:
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