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With South Africa headed into a 21-day lockdown this week, combatting the threat of the coronavirus, COVID-19, has been made a key national priority. Never before in our democracy have we seen a national lockdown taking place, but the gravity of the current situation absolutely demands it.
Investors are facing tough times during the COVID-19 pandemic witnessing the daily negative impact on their accumulated wealth. However, Alexander Forbes Investments reminds investors that they have weathered periods of market volatility before.
It’s always darkest before the dawn, and markets across the globe are looking pretty dark right now. I’m not saying that the worst is over, or nearly over (my crystal ball is simply not giving me any clear answers) but if you look at the past, history will remind you that following the herd and selling up due to panic are not sensible strategies.
The strongest deterrent against FSP compliance missteps is or should be: