@rob_goudie: It’s easy to be a great investor when markets are going up and you’re watching your portfolio feeling good about the decisions you’ve made. But this is not the test of a good investor, financial advisor and investors all look good when the markets going up but the true test is when markets are declining and emotions are high. How we behave during these times is more important than anything, our decisions at the worst of times are the things that move the needle. Sell out when the market is down and miss the recovery buying at the peak of the market because of recent strong returns. All these actions will impact on your future returns. I highly recommend people study investor psychology and in particular share market psychology. Share markets are volatile because they are liquid the ability to trade on a daily basis. Therefore you’ll have investors greed and fear based on a daily basis. This is what will create significant volatility at times of uncertainty and will also create significant opportunity for the investors. You need to know how to behave. Everyone knows the theory but it’s the feelings that will drive you’re decisions at the time. If you are not in control of your feelings and emotions during the crashes and corrections of the market, it’s best you hire someone that can help you with these vital decisions. Thanks for reading, Rob
Hi Rob, I’m just a young person who just graduated school and going into uni next year, any financial advice u can recommend me and if I save a certain sum of money for HECS debt
2025-11-02 03:18:23
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