Simran Kaur

I have a goal to retire early and I'd like to do that by age 50, 55, whatever that may look like for you, maybe earlier if you're luckier.

It's understanding, well, the volatility in the market, one, is something that's not new, but it's remembering that these things happen.

It's part of the investing cycle.

And yes, it's so much easier said than done.

And when you do look at your portfolio and you see, gosh, it's down like 22%, like that's a big number and it's in red.

They don't make it easy on us.

They like really say it is down.

Yeah.

But-

It's just, yeah, recalling what you're investing for.

And suddenly it puts it into perspective.

And if you realize, well, you know, my portfolio might be down a year or two years or possibly three or four years, but I'm investing for 20 years.

It doesn't,

make it seem as much of a catastrophe.

The second thing I've noted is that you've got to understand your risk profile.

And if you were someone that thought I can handle risk and you've bought a lot of individual shares, well, this is just that whole risk versus reward aspect.

This is

not to say this is what you've signed up for, but to a degree, like it's part of the game.

You can't just get the rewards without the few niggly bits.

And if you're in a well-diversified portfolio and you've got your shares across multiple countries, multiple companies, multiple sectors, then you're probably going to be able to sleep a lot easier at night because as the share market moves, so do your shares, so do your portfolios.