- Early Thursday, Russia invaded Ukraine. Explosions were reported across the country.
- War creates market volatility, and this can be very stressful for investors. You may feel the urge to sell everything. Don't!
- Historically, foreign wars have little sustained impact on stock markets or economic growth.
- The key to making money is to buy low and sell high. History has proven selling in a market correction monetizes losses. A market correction could be your best opportunity to invest for the future.
- In general, individuals should hold cash for emergency funds, saving for a house, or household costs. Large amounts of capital held in cash generally produce lower returns.
For further details see:
War In Europe: Best Practices For Managing Market Volatility