In this episode we talk about how to manage market volatility during the second half of 2023. This is one of the biggest sources of stress for retirees and investors in general, but if you understand it correctly you can remain calm.
First, we have to define what volatility means - how much your investments can fluctuate in response to what the market does. Market volatility is not the same as investment risk.
We also need to realize that there's an emotional component to investments. Watching the fluctuation in your portfolio is certainly going to create some emotion - in some, more than in others.
Listen in for 5 tips on how to handle this.
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