As originally appeared in The Jerusalem Post on October 12th, 2018.
Stock market goes up or down, and you can’t adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.
所以周三，市场下跌3％，所有的突发性，根据专家介绍，我们对A股市场暴跌的风口浪尖。像钟表头条弹出关于它的方式向市场下跌50％，或者说这种下跌是结束的开始。我什至不知道这是什么意思。难道他们认为股市将真正变为零？请问全球经济刚刚接近回家？我可能听起来像一个破纪录，但股票投资者要明白，市场可升可跌，就像他们可以上去。If you don’t have a long-term time horizon you shouldn’t be investing in stocks.
Will the market keep dropping? I have absolutely no idea. But even though I don’t believe in timing the market I actually had a good hunch last week that the market was going to drop. How did I know? 2 reasons. One was because the broader market i.e. most stocks not named Apple and Amazon, had started dropping weeks ago and outside of the US, stock markets have been down double digits so far this year. The other reason I had a hunch was because of Gertrude (name changed to protect privacy).
Gertrude has been a client for a few years and had a conservative portfolio allocation. No more than 40% of her portfolio was meant to be exposed to the stock market. About a month ago, after the Dow Jones Industrial Average hit a new all-time high she called me to move her entire portfolio into stocks. I strongly cautioned her against making that move reminding her that she can’t afford to lose a significant part of her portfolio and if the market were to drop 20-30% she will be ‘up the creek’. She persisted and said that the US economy is strong and “everyone” is making so much money and she wants to make a lot of money as well. Gertrude is my “shoeshine boy.”
What should you do in the face of an upswing in market volatility? The most important step you can take is to make sure that your portfolio is allocated in a way that meets your financial goals and needs. If it is too aggressive, take some profits and sell. If too conservative, take advantage of the market drop to ‘buy low’ and add stock exposure to your portfolio.
Stay calm and tune out the noise in the media. Markets go up and down but the best way to make money over the long-term is just to be properly allocated and stay the course.
manbetx苹果客户端亚伦Katsman是本书退休GPS的文章：如何定位自己的方式安全的金融未来全球投资（麦格劳 - 希尔），并且无论是在美国和以色列的持牌金融专业，并帮助人们谁开投资账户在美国。证券通过组合资源集团有限公司（www.prginc.net）提新万博取款周期供。会员FINRA，SIPC，MSRB，FSI。欲了解更多信息，请致电（02）624-0995访问www.gpsinvestor.com或电子邮件aaron@lighthousecapital.co.il。