Italian PM has resigned after massive defeat in referendum. Euro slides….Brexit happened now it’s time for Itexit…. Italy moving out of Euro. Now this is again one of the crucial geopolitical event that has hit CY 2016.
What does geopolitical event mean to your portfolio?
Economists would say: Crisis
Portfolio Managers: Opportunity
However your financial advisor will ask you to respond rather than react. That’s why the importance of family financial advisor has become as important as family doctor.
Markets will react negatively but you please hold your breath. Don’t panic, have faith and patience. That’s a key to wealth creation.
Happy Investing !