Title is not what the article is about, but the article reads sensible enough to me and agrees with what I’ve heard about hedging against risks. And to be fran

Title is not what the article is about, but the article reads sensible enough to me and agrees with what I’ve heard about hedging against risks. And to be frank, the response from the expert shouldn’t be as hugely surprising to the author as he implies because this is pretty common advice even from regular bank staff. It’s pretty well known that your best weapon in riding out even black swan events is to have time on your hands, and if you haven’t got that (where “time” depends on the risk profiles of your savings) you should already not be in the market. It’s easy to get emotional and do reactionary things though! Even pros fall for it! Investors have killed themselves in financial crises! To calm myself, I use to look back. It felt like the sky was falling at some points in 2008 with structural collapses so that’s when I use to look at those historical charts and what happened after the crisis.