COVID-19: Top tips to deal with your savings and investments in UAE – ZAWYA

COVID-19: Top tips to deal with your savings and investments in UAE – ZAWYA

Resist the temptation to sell or withdraw; better look for opportunities to invest whatever disposable income you have at the moment to keep your investments varied.. "Twelve months after swine flu in 2019, the S&P was up 35.96 percent, 18.36 percent after avian flu in 2006, and 17.96 percent after MERS in 2013.. Investors can benefit from gradually adding quality positions diversified across geographies and asset classes.. "Know the fees you [pay in total] for your investment, [like] how much you pay on an annual basis, fund choices fees, platform fees, advisor fees," De Santis Bo said.. De Santis Bo added that it is also important to keep the portfolio diversified and ensure that it is in line with one's risk profile. ". Those who have lost their job may have to withdraw their money or avoid investing now.. It is a good idea to first set aside an emergency fund equivalent to three to four months' worth your monthly salary.. Now is a better moment than it was probably two or three months ago, because the market has dropped massively, and you can get into a market that is going to be cheaper, and that's a fact.". "It doesn't