Why doing nothing is an option when it comes to your investments
Amid volatile markets it may be best for investors to sit back and stay calm
14 April 2020 - 05:05
“Why is doing nothing an option?” a client asked the day after Nhlanhla Nene was fired as finance minister, and the local stock market was crashing. As an executive in a large organisation her instinct was to respond with some action. When I suggested she do nothing about her investments, she was very uncomfortable. “Surely we should do something,” she demanded.
The answer I gave her has relevance now given the challenges investors are facing...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.