When markets tumble, this is your armour

Phil Oakley explains how to prevent your emotions from devastating your portfolio when markets turn volatile.

Investing is a long-term business. We all know that. We're building our savings pots over the course of a couple of decades, not a couple of weeks. So we need to think and act like long-term investors, not fret over every little day-to-day movement in the markets.

The trouble is, that's easier said than done.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.