The biggest news over the weekend? Brexit – Britain has voted to leave the European Union. As practical folks, investors are definitely concerned about the possible impact to their portfolio.
In any case, I’m with Andrew Hallam, Millionaire Teacher, on this – (and yes, sorry retirees!)
I wrote this blog post title as a bait in a moment of mischief. Personally, I hate the word “should” anyway. If there is really anything to take note of, this is my list.
There WAS something that I did on Friday. I wasn’t expecting Brexit to become reality, and was surprised as I watched the live results during lunch. The first thing that came to my mind was to be prepared for a flash sale.
Both STI ETF and VWRD dropped in response to the Brexit developments. And I did a tiny bit of buying.
The big-three of EU are Germany, UK and France respectively in terms of GDP. Their representation in VWRD, a developed nations world-index fund, can be seen below.
As an index investor, what do I do? Stay the course! Do nothing.