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Ben Smythe

Serial panicker when markets fall? Here’s what to do

How to override your “flight to safety” gut reaction that will inevitably lead to even more financial pain.

Constructing and drafting an investment strategy for your self-managed super fund is typically the easy part. The process of actually implementing the strategy and selecting the underlying investments is not as straightforward as our emotion or human biases kick in.

So how do you switch off the emotions and think like a rational investor when it comes to your SMSF investments?

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Ben Smythe is a partner and principal adviser of Minchin Moore Private Wealth.

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    Original URL: https://www.afr.com/wealth/personal-finance/serial-panicker-when-markets-fall-here-s-what-to-do-20220908-p5bgd9