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Strategies for dealing with market volatility – Personal Situation

Although market volatility is out of your hands, it may affect your personal financial situation.

Determining how to use it to your advantage is the key, but without advice, you may not even realise that changes or opportunities exist.

 

Talk to your adviser

An appropriate amount of risk in your investments may give you the confidence to stick with your financial plan even when the market takes an unexpected dip.

But a knee-jerk reaction may cause you to sell when prices are low, rather than hold onto an investment that may rebound and recover.

Regularly checking in with your adviser may help you keep your financial plan in sync with all the changes in your life.

Talk with your Financial Adviser who will work with you to develop a financial plan that’s specifically tailored to your needs.

 

For help contact your professional financial adviser today.

Please note: inTouch and informtion in this editorial is of a general nature only and neither represents nor is intended to give specific advice on any particular matter. This publication does not contain tax advice and it is recommended that you speak with a tax specialist about your circumstances. We strongly suggest that no person should act specifically on the basis of information contained herein but should obtain appropriate professional advice on their own personal circumstances. The views expressed in this publication are solely those of the author; they are not reflective or indicative of RI Advice’s position and are not to be attributed to RI Advice. They cannot be reproduced in any form without the express written consent of the author. From time to time we may send you informative updates and details of the range of services we can provide. If you no longer want to receive this information please contact our office to opt out. Materials are published by RI Advice Group Pty Ltd. ABN 23 001 774 125 AFSL 238429. The information in this publication is current as of October 2019.

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