Part 2/8:
The first step in any investment strategy is to evaluate the assets you currently hold. If there's a lack of confidence in the long-term potential of these assets—whether it's six months, a year, or even beyond—it may be time to divest. This period of market uncertainty can often prompt investors to take losses wisely, rather than holding on out of fear.
However, if you believe in the potential of your current assets, the focus should shift to accumulating more rather than trading in a turbulent market. Earning income while building your portfolio is essential during downturns.