Time not timing is key to successful long-term investing
Why it’s best to take a long-term approach even during times of market volatility
After months of debate, the UK has spoken and decided to leave the European Union. Today’s outcome has surprised markets but the scale of the initial reaction is consistent with our expectations. Markets are functioning at this point and we expect central banks and politicians to respond in a concerted way. The wider geopolitical implications for the UK and Europe are of great significance and need monitoring. However, it is important to keep this event in context – this is far from the global financial crisis of 2008. This is a time to focus on taking a long-term approach – this short video looks at why focusing on time not timing is key to successful long term investing.