![\"women](\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2020\/03\/stay-calm.jpg\")
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Corrections in the market are common, and historically, downturns have ended in upturns. During periods of volatility it can help to take the long view; this episode will pass, even if it\u2019s impossible to know exactly when. However, when it is your own money there is no doubt that jolts are painful.<\/p>\n
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How do you navigate your emotions when you\u2019re seeing your position jump up and down so frequently?\u00a0Here are 3 tips for staying the course during stock market fluctuations.<\/p>\n
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The first step to ease those nerves is to ask yourself a few questions. \u201cWhen you start investing in the market, it\u2019s generally to build wealth in service of a goal. What is that goal? Are you afraid that you won\u2019t have the money to meet a need?\u00a0<\/em>What is that particular need?\u201d<\/p>\n You should keep in mind, \u2018What\u2019s your goal?\u2019 and \u2018What\u2019s the timing of that goal\u2019. If you don\u2019t need the funds in the short term, then you may be able to afford riding out the downturn and waiting for the upswing. You could think \u2019Yeah, I\u2019m seeing the total market value of my portfolio go down at the moment, but actually, I still hold the same number of shares and their value should go back up in the long run.\u201d<\/p>\n Another question you could ask yourself is, \u201cAre you worried in response to the fact that other people seem worried? If not, what are you responding to?\u201d It could be that constant updates about the news cycle are feeding your fears in an unhelpful way.\u00a0Maybe the solution could be as simple as tuning out from the headlines for a little while.<\/p>\n <\/p>\n For a lot of people, having the right information can bring on a sense of comfort. Having a better understanding\u00a0of what the market is doing and why, might affect\u00a0your feelings about any sudden highs or lows.<\/p>\n Still, there\u2019s a difference between staying informed and following\u00a0every breaking news alert.<\/p>\n You may benefit from waiting for the market to stabilize and not letting your news feed dictate your emotional experience or your actions. The same goes for your portfolio: Though it\u2019s smart to\u00a0monitor it, try not to check it too often.<\/p>\n <\/p>\n If the market\u2019s moves have made you consider\u00a0pulling out of the market altogether, you\u2019re not alone and it is totally understandable.<\/p>\n One strategy to keep you from acting impulsively is to institute a waiting period for yourself when you want to make these kinds of choices.\u00a0Take a pause and see if you can wait 24 hours before making any kind of long-term decision, and then evaluate if you still feel that same intensity to act 24 hours later.<\/p>\n Implementing a waiting period can be a way of creating a boundary, so that you\u2019re acknowledging your emotions, but still being systematic about the actions that you\u2019re taking.<\/p>\n It is hard.<\/p>\n It can be sensible to take some time to reflect on what is making you feel uneasy. You don\u2019t want to create a cause and effect relationship between your emotion and the market\u2019s volatility. Emotions are valid, but you can recognize them without putting them in control.<\/p>\n <\/p>\n <\/p>\n Download it for free in the App store or the Webapp below:<\/p>\n <\/p>\n Important Information<\/strong><\/span><\/em><\/p>\n The information on this website is general advice only. This means it does not take into account any person\u2019s particular investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the product.<\/em><\/p>\n A Product Disclosure Statement for Raiz Invest and\/or Raiz Invest Super are available on the Raiz Invest website and App. A person must read and consider the Product Disclosure Statement in deciding whether, or not, to acquire and continue to hold interests in the product. The risks of investing in this product are fully set out in the Product Disclosure Statement and include the risks that would ordinarily apply to investing.<\/em><\/p>\n The information may be based on assumptions or market conditions which change without notice. This could impact the accuracy of the information.<\/em><\/p>\n Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.<\/em><\/p>\n Past return performance of the Raiz products should not be relied on for making a decision to invest in a Raiz product and is not a good predictor of future performance.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Corrections in the market are common, and historically, downturns have ended in upturns. During periods of volatility it can help to take the long view; this episode will pass, even if it\u2019s impossible to know exactly when. However, when it is your own money there is no doubt that jolts are painful.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1],"tags":[],"yst_prominent_words":[]}2. Stay informed, but don\u2019t read every headline<\/h3>\n
3. Pause for 24 hours before making any big decisions<\/h3>\n
\nDon\u2019t have the Raiz App?<\/h3>\n
![\"download-raiz-app\"](\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app.png\")
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