For our latest StockSlam event we decided to try a new and larger venue, wework at Aldwych House, but still in Central London. This gave us the space for an audience of around 75 with plenty of room for socialising afterwards – an essential requirement.
Before kicking off I (couldn’t help) noting the sharp correction in global stock markets, which has hit many of us where it hurts. At times like these I often remind myself that I’m in this for the long haul, which means that I don’t intend to touch these funds for at least a decade, but that’s not true of everyone.
So I did a quick audience survey on investment time horizons to check our demographic with this result:
10% of audience are drawing down money now for expensesaround half plan to use their investment the money in the next 10 yearsthe rest are looking further into the futureWith this in mind I was curious as to how people are reacting to the current volatility. Personally I’ve added to a selected few of my holdings, where I see particular value, but I haven’t made sweeping changes to my portfolio. However quite a few people are talking about how…
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