More than half of the wealthiest investors in the world are preparing for the financial markets to drop before the end of 2020, according to UBS Global Wealth Management.
Some 55% of respondents said they expect a “significant drop” in markets before the end of next year, and some worried investors are preparing themselves for the possible turbulence.
next year and some worried investors are preparing themselves for the possible turbulence.
Around 79% of respondents stated that they believe markets are moving towards higher volatility. That is according to approximately 3400 high net-worth investors.
Roey Hayon, an investment expert, believes that if you are planning to put your money in the stock market, you should do so cautiously and only by the guidance of an experienced investor.
“The stock market has a certain uncertainty about it, influenced by geopolitical events”, says Hayon, “There is money to be made, but if you don’t understand the markets’ behavior, you might end up losing a lot of money.”