Over-action or Inaction – Both Could Hit Your Wealth

  • Date: 30-Apr-2020
  • Source: Dubai Chronicle
  • Sector:Economy
  • Country:UAE
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Over-action or Inaction – Both Could Hit Your Wealth

Stress in the financial markets is prompting a growing number of people to make extreme investment decisions that could ultimately hit their wealth, warns the CEO of one of the world's largest independent financial advisory organisations.. Mr Green comments: "It's been our experience in recent weeks that, driven by the current unusual circumstances, a growing number of people are becoming more extreme in their investment decisions.. " the unprecedented, emotional and all-encompassing nature of it is leading many into two distinct camps: over-action or inaction.. Mr Green adds: "Too many investors are being led by their emotions which can lead to over-action or inaction.. "Cool heads and a long-term strategy are the best way to handle market shocks.".