By: Wilfred Ling
With the recent extreme market volatility, I had been receiving a number of calls from clients with regard to their portfolio. Although everybody knows that investing is long-term, but it seems everybody has forgotten about that when market is down.
With the recent market downturn, it seems everybody has turned short-term speculative trader overnight. Some demanded whether will their portfolio return positive on its anniversary date while others complain why I did not update them when market turns bad. With so many calls, I feel really tired and sometime feel I must have failed in educating my clients about the true meaning of investing. Some of the detrimental request from clients are: