DIVEST
If you are a retail investor (private person who invest in the stock market) you probably thought about what the economic sanctions will mean to you.
First of all – remember to act calmly and never on emotions and impulses, those who do worst in the stock market are those who are emotional and impulsive. So do your best to stay rational and in control – nothing wrong with emotions but analyze and process them before you trade. Here is what you can start looking at.
Do you have investments in Russian companies? Check your portfolio – start with the energy sector. If you sell with a loss remember it’s your price to pay to stop Putin’s war. Rather have a financial loss than going to sleep in a metro station. If you have ETFs check them, if you don’t have the time or resources to check what they consist of ask the ETF provider/fund manager (bank) to tell you if any are in Russian companies and how they plan on following the economic sanctions. If you are not pleased with their answer or you suspect they will accept smaller exposures to Russian stocks sell and look for something else.
Also check if you have any Russian bonds. If you use an asset manager/fund manager/ bank ask them today if they are following sanctions and how they will proceed, if they are hesitant or give you a date in the future – follow up on them or find someone else who takes it as seriously as they should.
If you think, but I’m not a retail investor you might be an investor through your pension fund - please get in contact with them, to make sure they follow the sanctions. Don’t settle for them telling you to accept a small Russian exposure – put pressure on them to be 100% Russian-free. I ask you to be a bit annoying and write on a daily basis until they change. This might seem inconvenient for you and a bit uncomfortable – but this is the least we can do and one of the ways to show we stand with Ukraine.
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