Market Jolts Like The Recent Coronovirus Outbreak can be Harbingers of Capital Calamity, but Also Provides Opportunities for Those Brave Enough to See Them Through
CHICAGO, IL, March 01, 2020 /Neptune100/ — The Coronovirus has landed on American shores, and it’s victims number in the millions!
This epidemic has not infected individuals, mind you, but the millions of 401(k)’s and other retirement plans which have experienced nauseating symptoms since its arrival. But does this situation conceal an opportunity which lies just beneath the veneer of those ivory colored masks which are currently in such high demand?
Absolutely, says Anthony Rhodes, the owner of wealth management firm The Planning Perspective (www.theplanningperspective.com), in a post on his popular How To Invest blog (www.howtoinvestblog.net) entitled “Though The Ride be Bumpy, Don’t Get Off on the Next Stop” (http://www.howtoinvestblog.net/2016/11/though-ride-be-bumpy-dont-get-off-at.html ).
“These are times that try men’s souls, goes a popular quote. And while not as dramatic as all that, it is a period that tends to test the mettle of every investor; ultimately consigning them into diverging categories,” he began. “One group descends into panic, and sells their positions in an attempt to limit their losses, another simply ignores the situation, and retains their positions throughout, and the final, which seeks opportunities to purchase well-run companies amid the chaos,” he added. “The differences between the outcomes of the three lies in their perspective, of course.”
The post provides investors with analysis of previous market downturns, and includes fundamental advice on ways to best approach these often difficult events.
“Downturns are a natural component of the investing process,” he stated. “While some give in to hysteria, others calmly embrace the commotion. So, the importance of learning how to best comport yourself during these moments, will ultimately determine the overall value of your portfolio,” he closed.