Rule 4: Don't Chase the Timing

Today is about reacting. Markets fall, markets soar (at times - no guarantee of course!), there's a headline, there's a budget, there's something going on in the world that nobody saw coming. And the question is, what do you do? What I'm seeing is people falling into one of two camps. The first is the over reaction: the market drops and they want out. The second doesn't get talked about as much: the person who does nothing, ever. That isn't being calm. That's just not looking. In this episode Why the person at the dinner party who sold everything just before the fall might not be giving you the real facts Selling when markets drop, and the second decision you then have to get right: when to go back in The portfolio set up years ago and not looked at since Deciding in advance, when things are quiet, how you'll react The question to ask when something happens: has anything changed for me, or are the headlines just louder today? Golden Rule 4 Don't chase the timing. Don't over react, don't under react. Have a plan and come back to it. Find out more https://www.philippagee.co.uk Important information This podcast is for information only and reflects my personal views at the time of recording. It is not advice or a personal recommendation, and listening does not make me your adviser. If you are unsure whether an investment is right for you, please take regulated financial advice. When investing, your capital is at risk. The value of investments, and any income from them, can fall as well as rise and you may get back less than you invested. Past performance is not a guide to future returns. Tax treatment depends on your individual circumstances and may change in future. Philippa Gee Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate tax planning or trusts. This podcast is subject to the UK regulatory regime and is intended for listeners based in the UK.