The old adage, "it's not about timing the market, but about time in the market," has been proven true over the years. Research shows that those who stay invested over the long run in a well-diversified portfolio will generally do better than those who try to profit from turning points in the market. By Alexandra Nortier, Joint Head of Wealth Management, Investec Wealth & Investment
As investment advisers, we don't have a crystal ball at our disposal. What we do have is an understanding of how market returns work and what previous cycles can teach us.
My clients keep me up at night. Every day I listen to their personal stories, of how they made their hard-earned money and of what it means to them; their goals and aspirations. Their wishes for their families. I feel the weight of this mantle. It is an easier meeting when the markets have been kind and harder when they've been muted or down.
Time in the market vs timing the market?
Timing the market vs time in the market?
The volatility of global markets the last 12 months has understandably made my clients feel jittery. After an almost 16% fall in December, the...
Read the full story on Daily Maverick.
AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 150 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Monrovia, Nairobi and Washington DC.