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Then, you check the news.
And it is not good.
The thought ofstarting to investnow feels like dipping your toe into a storming sea.
How on earth could a newbie like you possibly swim in such volatile waters?
Take a deep breath and relax.
Youre not doomed before you even begin.
There are ways for new investors like you tonavigate the market chaos.
Berkel says using this approach will help you rely on data instead of raw emotion in your decision-making.
Starting here can be a smart strategy for new investors.
For the uninitiated, diversifying means owning a mix of asset classes and investment types.
He adds that traditionally, diversification has meant a combination of stocks and bonds.
For true diversification, Berkel recommends considering alternative investments.
This is the best way to build a robust portfolio to withstand and adapt to changing market dynamics.
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