If war breaks out with North Korea, we’ll have bigger things to worry about than our portfolios.
But that’s OK, because doing nothing is almost always the best investment strategy during a geopolitical crisis.
Such crises inevitably lead to panic selling, and it’s never a good idea to sell into a panic. In fact, for the contrarians among you, the panic lows set in the wake of a crisis are far more often than not a good buying opportunity.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.