Understanding investments might seem daunting; however, with the correct knowledge base and patience you can position yourself amongst the elite.
The 2020/21 financial year was not the most memorial year for investors mainly due to the effect of the pandemic and the associated restrictions on commerce. As such, (potential) investors have become weary of the performance of the money in several asset classes (e.g., equities and mutual funds). Market volatility is a common occurrence and can have several consequences for present and future investments, both positive and negative. However, by understanding the purpose of your investment, the structure of your investment and the time horizon; you’re able to enjoy the good times and persevere through the worse.