strategies for successfully navigating market volatility
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In the world of investing, market volatility can unsettle even the most seasoned investors. Yesterday’s share market plunge, which saw the S&P/ASX 200 Index (ASX: XJO) drop a hefty 1.8%, demonstrates that.
However, understanding how to navigate these turbulent times can turn potential challenges into opportunities for portfolio growth. Here’s how to stay afloat and thrive in fluctuating markets.
Understanding market volatility
Market volatility refers to how much the price of assets on the stock market fluctuates over a short period. Imagine it like the sea: on calm days, the waves are small and predictable, but on stormy days, they’re big and unpredictable.
In the stock market,…