Market Update October 22
Winter is approaching and it is time to look back. 2022 has been a rough year for many people all over the world and the same for the financial markets. What does the future hold and should we be worried? Or are times like these actually an opportunity?
Selma’s customer support has been busy the past few months as many of you are concerned about the current market situation - on the other hand, many were also interested in getting to know if this situation is an opportunity to invest more.
In this new market update video Daniel, our investment manager and Thomas Selma’s Customer Success manager will answer all your burning questions and talk about Selma’s investment strategy.
0:00 Introduction
1:06 Market situation: Throwback
07:44 Market situation: Outlook
17:22 Why are emotions bad financial advisors?
21:30 Is now a good time to invest?
23:50 Selma's Strategy: Introduction
25:19 Strategy Part 1 - Benefit of precious metals
30:53 Strategie Part 2 - Why replacing ETFs is sometimes needed?
39:30 Tipps & Learnings: Think long-term
43:32: Things to keep in mind
TL;DW
No time to watch the video, but you’re interested if now is a good time to invest?
The answer is YES, if
- you plan to invest for a long-term
- you have a strategy that fits your lifestyle and needs
- you have saved for emergencies
- you stick to your plan
Past crises have always been a good opportunity to build your investments. Of course, nobody can predict how long a crisis will last, that’s why you should not invest money you need in the next few years. That’s why we recommend sticking to your plan. Keep calm and keep on investing. Long-term thinking makes these times a great time to invest.
Sonja Egger
Sonja is a communication pro with background in Media and Intercultural Communication. She is here with the mission to keep your content varied, interesting and enjoyable. Outside of working hours Sonja is either swinging the paint brush or watching cat videos. 😺
Linkedin