In periods of market volatility –it’s the long term that counts

In recent months there have been fluctuations in investment markets - both in Australia and globally. While no one can predict exactly what will happen in the financial markets in the short term, it is important to remember that there will always be short term movements in the markets. Your investment strategy should aim to achieve longer term objectives and as such, it is important that this is where your focus lies.
Sharemarkets around the world witnessed changing dynamics over the past six months. In 2007, the Australian sharemarket^ established a series of record highs and despite some periods of volatility, achieved an impressive 16.1% return for the 2007 calendar year, while…