I don't know about you, but I'm finding the sheer volume of opinions being broadcast from every direction very akin to trying to detect a single cicada voice from the millions that invade our summer evenings. Every voice is loud and strident, all talking about the same thing, but each with a different opinion varying wildly from - we're on the edge of recession, through to a highly optimistic that we're on the edge of a great recovery.
I've had more then one conversation in the last few weeks with investors concerned about where the markets are going. The over-riding fear seems to be that the markets will tank to the same degree that we saw only a couple of years ago cutting investment values by up to half again. Confusion and uncertainty abounds about what, if anything, should be done.
I am not blessed with the predictive powers required to tell you with any certainty what the future holds.
I can suggest that if you're losing sleep, or your current investments are leaving you feeling out of control or stressed, then you should consider how appropriate they are for you at this time.
The really complex financial universe can be broken down into some very simple rules that work just for you.
Don't forget that your super is also an investment that you own!
Kerrianne Hebinger Financial Planning Essentials
w: www.finplans.com.au
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