How to Protect Your Investment Portfolio from Geopolitical Risks?
๐ Dealing with the volatility of geopolitical events and their potential impact on your investment portfolio can be challenging. However, with the right strategies, you can shield your investments from these risks and market fluctuations.
๐ Do not sell everything: The most important rule in investing, especially for beginners, is not to panic when seeing market fluctuations. Markets always go through periods of ups and downs. Focusing on long-term goals and patience are the keys to success. Selling during a downturn means realizing a loss rather than allowing the opportunity to recover.
๐ Diversify your investments (even if they are small): "Donโt put all your eggs in one basket"โthis principle applies to everyone. Even if you have a small amount, try to spread it across different assets. This reduces risk if one of the assets underperforms. You might consider:
๐ Exchange-Traded Funds (ETFs): These funds invest in a wide range of stocks or bonds, providing you with significant diversification at a low cost.
๐ Gold: It is considered a traditional safe haven. You can invest in it through gold ETFs or by purchasing physical gold in small quantities.
