Can you build wealth at times like these? The COVID-19 pandemic has undoubtedly derailed markets and economies across the board. It is raising questions about the viability of many industries and businesses which have been part of our everyday lives until now. There have been precious few places for investors to hide, and the impact on investor portfolios has been severe. Despite how uncomfortable the market mayhem makes us feel, it also provides the opportunity to build great future portfolios – provided we can distinguish noise from material information and overcome emotion, to act rationally and take a longer-term view.
Comments