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What to do with your money in market meltdowns

Investors remain jittery after US recession fears triggered a global market rout earlier this week. Sudden downturns are a good time to review your investment strategy.

Michelle Bowes

Don’t panic is the usual advice given to investors during a market selloff, such as the one we witnessed earlier this week.

It’s sage wisdom if you’re a younger investor playing the long game. History says you’ll recoup your losses – and then some.

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Michelle Bowes writes about personal finance from our Sydney newsroom. She has been a business journalist for 25 years and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com

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    Original URL: https://www.afr.com/wealth/personal-finance/what-to-do-with-your-money-during-a-market-meltdown-20240806-p5jzze