When markets crash, our first instinct is to pull out to cut losses. But for Michael Manuel, Sun Life Philippines’ Chief Market Development Officer, now is the best time to invest in the market when values are low. BrandRap SunLifePH
, a clinical psychologist. “Subjecting ourselves to an endless barrage of tragedies and trauma can foster a real sense of being out of control.”
So, before doing anything reckless, take a look at it from a different perspective and understand the economy. Data also show that companies in the Philippine Stock Exchange index such as the Ayala Corporation, SM Prime Holdings, and JG Summit are capable of enduring crises and even become profitable.
Aside from revisiting our risk profile, staying calm, and letting our investment run its course, here are 4 other tips that can help us stay on top of our investments during this health crisis:
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