Sideline is no place for investors, even in turbulent times
By Admin 2022/07/07
Exiting a rocky market rather than sticking it out can often lead to worse results for nervous investors, says Jack Delany, quantitative portfolio manager with the multi-asset team at Dublin-based Irish Life Investment Managers.
Delany said the temptation to cut and run can be strong, but markets favour those who dare to stay invested.
“It seems like a really natural response when your portfolio loses value to reduce risk and wait for better times,” he said. “But we know that over the long term, this can be a very costly strategy.”
Read the rest of this article on Investment Executive or listen to Jack Delany's interview.