Hi eToro community,
Today, we’re thinking about the tragic situation unfolding in Ukraine. If you’re feeling overwhelmed and saddened by the headlines, you’re not alone.
It’s hard to say what happens next. But remember, there are two constants in investing: change and uncertainty. Right now, both of those are weighing on us all.
When the world feels uncontrollable, it helps to anchor your perspective on your needs and goals. And control what you can control.
If you’re worried about the future and have short-term goals, it might be time to move into cash or less risky investments.
It could also be a good time to embrace patience. It may take time for the market to process what’s happening.
One way to take the emotion out of investing is through a dollar-cost averaging approach, in which you invest a set amount of money on a regular basis, not based on headlines. Again, controlling what you can control.
First and foremost, take care of yourselves.
You, society, and your portfolio are likely more resilient than you think.
Wishing you the best,
Callie Cox
US Investment Analyst
