Craigs Investment Partners, November 2022

MindfoodPublished in MiNDFOOD magazine.

The Covid pandemic has been challenging for many in terms of both health and financial wellbeing. As we exit almost three years of lockdowns, and restrictions, we are now facing significant inflationary pressures. These are negatively impacting not only our cost of living but both our major assets, property and shares.

Admittedly, monitoring your sharemarket investments can seem somewhat of a trivial problem, compared with many other things that might impact our wellbeing. However, it’s disconcerting to see our savings take a dive, especially given we have no control over what financial markets will do next.

Auckland based Craigs Investment Partners adviser Sandra Quemba offers one critical piece of advice: “to stay calm, and not panic. It’s hard not to feel overwhelmed when all the news seems negative, but we don’t make our best decisions under those conditions. It’s easier said than done, but make the effort to take a step back.

Before making any decisions remind yourself of your investment objectives. If those haven’t changed then perhaps your strategy shouldn’t either

If you’re nervous and losing sleep, don’t be afraid to take some risk off the table, this could for example be done by increasing your allocation of cash. There’s nothing wrong with doing that, especially if you’re sitting on strong gains, if your shares have grown to represent a larger proportion of your portfolio than originally intended, and most importantly if it will help you sleep at night.

Having said that, before making any decisions remind yourself of your investment objectives. If those haven’t changed then perhaps your strategy shouldn’t either.” Most investors have long-term goals in mind, usually some five, ten or twenty years into the future, so it makes little sense to react to weekly, monthly or even yearly volatility.

History tells us that over longer timeframes shares will deliver strong returns with remarkable consistency. “Investing isn’t about chasing the ups and downs of the market, it’s about building and managing a well-constructed portfolio in line with your goals and objectives,” explains Craigs investment adviser Tanya Osborne.

“It might be tempting to sell up entirely, wait for the rough times to pass and get back in later. That could be the right thing to do if things take a turn for the worse, but only if you’re good enough to time when you should reinvest.

If you’re a long-term owner of quality businesses you might be better off just staying the course. Corrections, bear markets, and recessions will come and go, but great businesses generally will remain resilient, keep paying dividends and continue finding opportunities to grow.

If you’re fully invested in shares you naturally open yourself up to the full force of volatile periods, but you’ll do your future self just as much of a disservice by sitting on the sidelines and missing out on the strong periods.”

Making sure you’re well diversified can also keep the stress levels down. Investing isn’t about being ‘in or out’ of the market. Economies, markets and currencies ebb and flow, so hedging your bets across different asset classes, geographies and sectors is the safest route for most investors.

If you have an investment adviser, it is important to lean on them for support during times like this. “As advisers we work closely with our clients to provide tailored advice to build a solid financial plan and portfolio, aligned with their goals. We also act as guides through tough market conditions, to provide reassurance and a listening ear to help clients stay disciplined, avoiding poor decisions you could be tempted to make during unnerving periods, and keeping you on track to achieve your long-term objectives.”

If you’re relatively early in your investment journey, the ups and downs can present opportunities. For those with 10 or 20 years until retirement, periods of weakness in the share market can offer better investment opportunities than times of euphoria where prices are near all-time highs,” explains Sandra. Craigs Investment Partners invests time and effort into building long term relationships with clients, to offer personal advice and tailored portfolios. Craigs is one of New Zealand’s leading investment advisory firms, with more than 180 qualified investment advisers across 19 branches from Kerikeri to Invercargill.

Sandra Quemba and Tanya Osborne are investment advisers in Craigs Investment Partners Auckland branch. They are also a part of Craigs’ Women’s Wealth, a nationwide adviser-led programme empowering women to achieve financial freedom through increased knowledge and confidence.

10 ways to navigate this time

  1. Try not to panic (often easier said than done, this is where a financial adviser can be very helpful).
  2. Reduce your financial news intake if you are feeling anxious.
  3. Understand this cycle is completely normal, but de-risk if you are too uncomfortable. Speak with an adviser first.
  4. Consider your money mindset. Knowing this can help you establish a strategy that will work for you and that you can stick to.
  5. Take the emotions and decision making out o f the equation by investing regularly.
  6. With knowledge comes power. Educate yourself. Visit for our articles, podcasts, videos and seminars to help you.
  7. Remind yourself of your objectives. If they haven’t changed, your strategy probably shouldn’t change.
  8. Take control of what you can control – your budget, your debt, your emergency fund, and your knowledge.
  9. Reframe this as an opportunity.
  10. Lean on an adviser to help you through this time. Get in touch on 0800 272 442 -

subscribe banner

This article is general in nature and is not financial advice. It does not take into account your financial situation, objectives, goals, or risk tolerance.
All investments involve risk and can go down as well as up. The Craigs Investment Partners Limited Financial Advice Provider Disclosure Statement can be viewed at Visit