Its impossible to ignore the news surrounding the Coronovirus and its impact on a personal level, as well as the markets.
We have seen the FTSE in the UK face its largest weekly decline since the financial crisis, and Mark Carney has warned that the coronavirus outbreak could lead to a downgrade of the UK’s economic growth prospects.
Whilst we must be thoughtful of those impacted by the virus, we need to take stock and think about how we as long term investors must not make knee jerk reactions to negative news.
The following article from Dimensional gives good insight into the reasons for the current uncertainty, and also reasons to not let it consume your thoughts in regards to your own financial plan.
https://us.dimensional.com/perspectives/the-coronavirus-and-market-declines
If you have any questions or concerns please do get in contact
Jonathan