Millionaire-Maker Checklist: 3 Steps to Take Every Year to Grow Your Money
Briefly

Millionaire-Maker Checklist: 3 Steps to Take Every Year to Grow Your Money
"Stock market volatility can arise from various factors, including economic uncertainty, inflation, geopolitical conflicts, and natural disasters, resulting in sharp value fluctuations. Impulsive investment decisions during these times often lead to poor outcomes. Thus, investors may want to consider adopting a patient approach in times like these. We're seeing more headlines unfold around heightened geopolitical concerns in the Middle East."
"Here are the three checklist items I think investors ought to focus on first, to keep one's portfolio in check throughout potentially volatile times. This post was updated on October 11, 2025 to clarify unsystematic risk vs. total market risk, performance of diversified portfolios, Buffet's thoughts on diversification, current employment data, China's past designation as the "global growth engine", and that context matters/selling too early can hurt compounding."
"Volatility could be picking up in financial markets, meaning investors may want to create a checklist of to-do items to mitigate the effects of this volatility on their portfolios. Here are three of the top pieces of advice I've seen most financial gurus provide for how to traverse such periods of wild price swings. If you're looking for some stocks with huge potential, make sure to grab a free copy of our brand-new "The Next NVIDIA" report."
Stock market volatility can result from economic uncertainty, inflation, geopolitical conflicts, and natural disasters, producing sharp price swings. Impulsive investment decisions during volatile periods often produce poor outcomes, so investors should adopt a patient approach. Heightened geopolitical concerns in the Middle East, growth concerns out of China, and a cooling U.S. employment market are noted as potential sources of uncertainty. Investors are advised to focus on factors they can control, create a checklist to mitigate volatility effects, and prioritize diversification as a key defensive measure. Recent updates clarify distinctions between unsystematic and total market risk and other contextual points.
Read at 24/7 Wall St.
Unable to calculate read time
[
|
]