According to the observation of some great present day economists, the markets can stay as volatile as they have been over the past few years for the next few as well. The financial markets are quite irrational and we never know what lies in store for us tomorrow. When there is economic crisis or when the market falls many of us feel extremely discouraged and the urge to liquidate investment holdings take a hold. This is the wrong way to look at it says Richard Cayne of Meyer Asset Management Ltd
Richard Cayne at Meyer International the Asian based servicing operation for the Meyer Group emphasizes that there are certain simple and effective tips which can help you survive in the worst economic crisis situation and in times of market downturn.
Keep Your Fears Away
The first tip for any investor who is going through a market downturn is to keep emotions out of it and stay confident and clear minded so you are best able to evaluate what to do next. For example it may be time to add more to existing positions and average a lower cost basis for those holdings. Think buy on sale and that you are really getting a discount if you believe the investment has good long term potential.
Save As Much As You Can
For many people it might sound too difficult or nearly impossible. But the experienced financial consulting company, Meyer Asset Management Ltd via Meyer International in Bangkok consults people to save as much as they can especially in the time of economic downfall. When the asset prices go down, saving money will help you out in the long term as you benefit from the double down effect of buying more of that investment with the same amount of money.
Understand That Occasional Market Draw Downs Are Normal
Do not overreact when an economic slowdown occurs or when a market falls suddenly. Just as an experienced and intelligent investor or businessman would do you should always remember that such situations are parts of the normal business cycle. Try and take advantage of the declines in the markets instead of hoping they don’t come. Richard Cayne having lived in Tokyo Japan for over 15 years has been telling Japanese investors to embrace market downturns as a buying opportunity. Consider if you had invested just after black Monday in 1987 or more recently the financial crisis in 2008 bottom you would be in significant gains even in today’s relatively depressed market environment.
Keep Some of Your Powder Dry
For those who kept some of their assets in cash reserves waiting for the financial markets to get really depressed and then deploy this cash this is a great strategy and one which more people should follow. Instead most people sell low and buy only when the markets look all positive and at their heights again. Everyone knows buy low sell high but most investors end up buying high and selling low as they let their emotions take control. Richard Cayne having worked at Meyer Asset Management Ltd in Tokyo Japan has firsthand recollection of how most Japanese invest and has been consulting them on strategic investing ever since. Japanese take a little too long to decide on an opportunity and sometimes miss it. On the other hand they don’t panic as much as many other nationals and are not so quick to sell out of a position just because market influences force it down as they know it may be temporary and could very well soon rebound to new heights.
Invest In the Good Times and Bad
Therefore Richard Cayne Meyer International suggests a well thought out financial plan and sticking to it is extremely important. Understand that markets will gyrate and learn how to capitalize on such movements keeping sight on your overall goals and objectives at all times.
Richard Cayne is Managing Director at Meyer International in Bangkok Thailand and like Meyer Asset Management Ltd is also part of Asia Wealth Group Holdings Ltd a listed company on London UK’s PLUS stock market.
Richard Cayne at Meyer International the Asian based servicing operation for the Meyer Group emphasizes that there are certain simple and effective tips which can help you survive in the worst economic crisis situation and in times of market downturn.
Keep Your Fears Away
The first tip for any investor who is going through a market downturn is to keep emotions out of it and stay confident and clear minded so you are best able to evaluate what to do next. For example it may be time to add more to existing positions and average a lower cost basis for those holdings. Think buy on sale and that you are really getting a discount if you believe the investment has good long term potential.
Save As Much As You Can
For many people it might sound too difficult or nearly impossible. But the experienced financial consulting company, Meyer Asset Management Ltd via Meyer International in Bangkok consults people to save as much as they can especially in the time of economic downfall. When the asset prices go down, saving money will help you out in the long term as you benefit from the double down effect of buying more of that investment with the same amount of money.
Understand That Occasional Market Draw Downs Are Normal
Do not overreact when an economic slowdown occurs or when a market falls suddenly. Just as an experienced and intelligent investor or businessman would do you should always remember that such situations are parts of the normal business cycle. Try and take advantage of the declines in the markets instead of hoping they don’t come. Richard Cayne having lived in Tokyo Japan for over 15 years has been telling Japanese investors to embrace market downturns as a buying opportunity. Consider if you had invested just after black Monday in 1987 or more recently the financial crisis in 2008 bottom you would be in significant gains even in today’s relatively depressed market environment.
Keep Some of Your Powder Dry
For those who kept some of their assets in cash reserves waiting for the financial markets to get really depressed and then deploy this cash this is a great strategy and one which more people should follow. Instead most people sell low and buy only when the markets look all positive and at their heights again. Everyone knows buy low sell high but most investors end up buying high and selling low as they let their emotions take control. Richard Cayne having worked at Meyer Asset Management Ltd in Tokyo Japan has firsthand recollection of how most Japanese invest and has been consulting them on strategic investing ever since. Japanese take a little too long to decide on an opportunity and sometimes miss it. On the other hand they don’t panic as much as many other nationals and are not so quick to sell out of a position just because market influences force it down as they know it may be temporary and could very well soon rebound to new heights.
Invest In the Good Times and Bad
Therefore Richard Cayne Meyer International suggests a well thought out financial plan and sticking to it is extremely important. Understand that markets will gyrate and learn how to capitalize on such movements keeping sight on your overall goals and objectives at all times.
Richard Cayne is Managing Director at Meyer International in Bangkok Thailand and like Meyer Asset Management Ltd is also part of Asia Wealth Group Holdings Ltd a listed company on London UK’s PLUS stock market.
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