5 Tips for Smart Investing During Volatile Markets
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When the market is volatile, slow down and think through your decisions. Don't panic or rush into buying/selling.
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Focus on the fundamentals of your investment strategy. Is your portfolio yielding 8-10%? Do you have enough fixed income? Are you properly diversified?
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Reinvest a portion of your dividends to grow your income over time. Check your resources for reinvesting.
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Buy more shares of positions you are underweight in; avoid adding more to overweight positions.
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Make trades that increase income amount and safety or support future income growth and overall portfolio goals.