Networth
Let market fluctuations be your friends
- Published: 2 Dec 2012 at 00.00
- Newspaper section: Spectrum
Instead of lamenting the unknowns that influence our lives and economic fortunes, why not try to take advantage of the fluctuations we face over the foreseeable future?
Almost everyone I discuss the European crisis with is fed up with the whole situation. What will happen? How will we all be affected? Why does it rear its ugly head periodically? The fact is that the eurozone problem is not going to just go away, so we had better resign ourselves to this unwelcome fact.
The crisis is likely to affect us all in two main ways. First, we may be subjected to unwanted changes in our day-to-day financial dealings because most economies today are open and globalised, and events in Europe still carry a lot of weight. Remember the only constant in life is change and our economic lives tend to change continuously whether we like it or not.
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