Caravel Partners

Benedict Carter
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  1. Focus on your long-term goals

Think about your future goals and when you want to achieve these. Aim to invest for the long term and keep focused on your investment plan.

  1. Understand what you're investing in

Take time to understand what you're investing in before you commit so that you're aware of how your investment could perform over time.

  1. Get more comfortable with the idea of risk

Understand that your investment will go up and down in value over time. But, by having an emergency fund, you might not need to dip into your investment for anything unexpected.

  1. Invest regularly

Try investing little and often instead of a lump sum. You'll average the price you buy, so you won't need to worry about finding the best time to invest.

  1. Don’t react to market news

Seeing what's happening in the media can be scary, but it's normal for markets to have short-term reactions to global events.

  1. Check your investments – but not too often

Resist the temptation to check your portfolio on a daily or weekly basis. Aim to check it once a quarter and, if necessary, make changes based on your plan.

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Caravel Partners (Zambia) Ltd is licensed by the SEC in Zambia - License No. IARL/23/52