The share markets are pretty volatile at the moment. Lot’s of ups and downs, “massive” losses one day and “massive” gains on another. (Surprise, surprise that the media only likes to report the losses though!)
Let’s use the Australian ASX 200 as an example
What a ride the Australian market as a whole has had in the last little while.
Given such volatility it almost seems illogical that an investor would try to pick the best time to invest. Nonetheless there is ample evidence that people are choosing to try to pick the “best” time to get in to the market at the moment:
The truth is that no one can continually accurately predict what share prices will do in the short term. If they could then there probably wouldn’t be a market.
Take the long term approach and save yourself the stress and headache of timing it incorrectly. It’s “time in the market”, not “timing the market” that pays off.
ASX 200 performance, not including dividends, over the past 20 years – 80%
If you would like discuss share market investments, give the team at Steve May a call and start a conversation today.
You need to consider with your financial planner (or adviser), your objectives, financial situation and your particular needs prior to making an investment decision. Futuro Financial Services Pty Ltd and its authorised representatives (or credit representatives) do not accept liability for any errors or omissions of information supplied on this website
Steve May, Luke Styles and May Wealth Pty Ltd T/A Steve May Financial Services are Authorised Representatives / Corporate Authorised Representative of Futuro Financial Services Pty Ltd ABN 30 085 870 015, Australian Financial Services Licensee, Licence number 238478. Please refer to our website at www.stevemayfs.com.au to reference our Financial Services Guide and business/adviser profiles.
May Wealth Pty Ltd ABN 71 612 234 518 trading as Steve May Financial Services is a Corporate Authorised representative of Futuro Financial Services Pty Ltd ABN 30 085 870 015, Australian Financial Services Licensee, Licence number 238478.
Steve May and Luke Styles are Authorised Representative’s of Futuro Financial Services Pty Ltd ABN 30 085 870 015, Australian Financial Services Licensee, Licence number 238478