Business
What do you do when your ASX 200 shares are falling? – Motley Fool Australia
In a rising market, investors’ main concern is whether to pocket some profits. But what do you do when your ASX 200 shares are falling?
You’re probably familiar with the old adage, ‘Share markets go up by the stairs and down by the elevator.’
The idea is that it can take years for share markets to gain 20%, while they can lose that much in a matter of weeks.
But there’s a reason I called it an ‘old’ adage. That’s because in recent years, share markets are as prone to take the elevator up as they are to ride it down.
Now that’s neither inherently good or bad. It’s simply a new reality we need to be comfortable with as investors.
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