28 Jun 2022
This week Ken and Mary from The Humble Penny share their top tips on what to do during this anxious time and kick off the video with a scripture:
Ecclesiastes 11:4 Whoever watches the wind will not plant; whoever looks at the clouds will not reap.
Which Ken interprets to mean we should have faith but at the same time take action and seek opportunities around us.
Their first tip: dont panic! Ken says: key thing to realise that those losses are not real yet. Its not until youve pressed the sell button that they become real
Mary shares another invaluable piece of advice on what to do with your stocks: dont sell anything, itll take time for things to recover, in fact we think itll get even worse before we start to see a recovery. The average recovery time is around 359 days, which is almost a year
The pair have more great tips which you can find in the video below, including what to invest in and what to do with your money.
Watch here:
You can catch The Humble Penny every Tuesday morning on the Gospel Breakfast Show with Belinda from 7am. Follow them on Instagram @TheHumblePenny and subscribe to their YouTube Channel The Humble Penny
June 28th, 2022. The stock market is reported to be falling and those with investments may feel a sense of panic whilst it recovers - but what exactly should we do during this time?