With the drop in the rates of booklet A and LEP on August 1, and fears of jerking on the financial markets during the summer, the temptation can be great for savers or investors to review their investments before the big departure. But our experts rather call for caution.
“Do not rush”insists François Dossou. According to him, it is not because booklet A and other risk -free savings products (LDDS, LEP, banking booklets, term accounts, etc.) will report less to the start of the school year that you absolutely have to look for an immediate alternative, especially on the stock market: “Visibility is low for the next few weeks, with many potentially agitated meetings: Customs duties negotiations, ads from central banks that may disappoint the markets … there will be short-term volatility.” His advice? Keep part of your savings in cash (on booklets) or monetary funds (at a lower risk), in order to take advantage of the opportunities that could rather appear in the medium term, once last summer.
Stay invested in the financial markets if you are
Same story for Benoist Lombard, president of Maison Laplace & Deputy Managing Director of the Crystal group, who recommends that those who are already invested on the stock market not to move: “Above all, stay invested”. Indeed, the fact that the financial markets can be more agitated during the summer is not a sufficient reason to get out of it: “It is not because we go on vacation that everything is going to be turned upside down. Take our time, let’s stay invested ”plead Benoist Lombard. Indeed, even in the case of summer crash, it is better to have kept its positions to take advantage of the possible rebounds.
Remember that missing the few best scholarships of the year can considerably start your performance: “A BlackRock study showed that over 20 years, it is the 10 best days of stock market that generates the biggest performance, and that it is divided by two if they are missed. However, over these 10 days, 60% arrive within two weeks of one of the worst grant days ”recently recalled Souleymane-Jean Galadima, co-founder of Sapians, a Family Office Digital, in our columns.
In summary, no rushed movement before the summer break: keep the course, stay invested if you are, and possibly keep a pocket of liquidity to draw to seize opportunities later.
Ask our experts to our experts
A question about your investments, a succession, your taxes or your real estate investments? Each month, we select several and submit them to our experts who will enlighten you on all the subjects that affect your money. To ask them your questions, an address: question@capital.fr
