What to do after a major sharemarket correction
Dedicated share investors have survived major setbacks in the past. Here's how to be ready for the recovery process.
Anton Tagliaferro, of Investors Mutual, warns not to get swept away by any short-term market rebounds. Louie Douvis
Shares have given investors a wild ride over the past month. Unless they heeded subtle warnings earlier, many have been left bruised and battered by 30 to 40 per cent reversals in their fortunes.
The warnings were along the lines that the tremendous gains enjoyed by shares during calendar 2019 should not be expected to continue into 2020 and that sharemarkets, which experienced 20 to 35 per cent increases last year, were overdue for a correction.
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