One dead-easy way to reduce your risk of ASX share losses
Most Aussie investors experience ASX share losses at one point or another. It is a part of investing. The possibilities are too broad to get it right all the time.
However, investing in the S&P/ASX 200 index (ASX: XJO) has proven to be a long-term wealth-building strategy for many Australians.
So while the prospect of investment losses can deter potential investors, the key to minimising these risks might be simpler than you think. Let’s see what the experts have to say.
Why long-term investing reduces ASX share losses
According to the Finder 2024 Wealth Building Report, the data is clear: Patience pays off for long-term investors in the share market.
Market fluctuations can lead to losses over shorter investment periods, with a…