{"id":3066,"date":"2017-01-19T06:17:33","date_gmt":"2017-01-19T06:17:33","guid":{"rendered":"https:\/\/raizinvest.com.au\/investors\/what-to-do-as-the-dow-jones-approaches-20000\/"},"modified":"2020-10-28T02:03:45","modified_gmt":"2020-10-28T02:03:45","slug":"what-to-do-as-the-dow-jones-approaches-20000","status":"publish","type":"post","link":"https:\/\/raizinvest.com.au\/investors\/blog\/what-to-do-as-the-dow-jones-approaches-20000\/","title":{"rendered":"What to do as the Dow Jones approaches 20,000?"},"content":{"rendered":"
\"image\"<\/figure>\n

By Leveraged\u00a0<\/a><\/i><\/p>\n

With
\nthe Dow Jones Industrial Average approaching 20,000 and the ASX All Ordinaries
\nIndex reaching its 12-month high, many investors are wondering what they should
\ndo from here. Some are wondering if they have missed the run, others are asking
\nif they should take profits at these levels.<\/p>\n

The
\nshort answer to these questions is that investors should do little different as
\na result of this milestone level. This is a timely moment to remind investors
\nof a basic but often forgotten quality of investing. Investors should continue
\nto invest with a longer term outlook rather than trying to time the market.<\/p>\n

Whether
\ninvestors enter the market here or if they should take profits here has nothing
\nto do with these milestone numbers. Instead investors should keep in mind
\nthings such as the timeframe of their financial goals and their tolerance to
\ninvestment volatility.<\/p>\n

Those
\nsaving for a distant goal, such as saving for retirement or their children\u2019s
\neducation should look to start investing right away. For those who are aiming
\nto retire soon, they could consider decreasing exposure to growth assets if a
\nshort term shock could be detrimental to their retirement goals. Investors
\ncould also consider rebalancing portfolios from asset classes that have
\nappreciated into other asset classes to ensure the mix is still in line with
\ntheir risk profile.<\/p>\n

Too
\nmany investors are tempted to buy the market during bull markets but flee the
\nmarket during a correction. This results in buying high and selling low.
\nInstead, investors should keep in mind things such as their investment time
\nhorizon and the tolerance to ride market ups and downs. It is better to have a
\nrule based investment approach than to make investment decisions based on
\nemotion.<\/p>\n

 <\/p>\n

\n

 <\/p>\n

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By Leveraged\u00a0 With the Dow Jones Industrial Average approaching 20,000 and the ASX All Ordinaries Index reaching its 12-month high, many investors are wondering what they should do from here. Some are wondering if they have missed the run, others are asking if they should take profits at these levels. The short answer to these […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1],"tags":[],"yst_prominent_words":[128,1490,1495,3257,98,151,224,245,233,314,949,289,313,97,82,117,166,125,239,1948]}