Last week’s bloodbath in the markets brought back a familiar sense of fear and panic in the market. It is because of times like this that it is paramount that you are comfortable with your holdings. You don’t want to be forced to sell at bad prices due to short term price movements.
So here are some small things I do to maintain my sanity during times of volatility.
1) Invest with money that you know you will not need in the near future
Any potential pressure to sell only makes you more trigger happy. Investing for the long term means you are willing to not touch that money for 5-10 years. Assess whether you will be needing the …