When will the markets fully recover?
After the brilliant recovery in January 2023, many are already hoping for a turning point. Money expert Martin Player says why more setbacks are likely.
In my portfolio I have: Swiss Re, Helvetia, Nestlé, Basler Kantonalbank. My loss is several thousand francs. I also have 30 Roche shares. After all, over time I can probably make up some of the loss with the dividends and hope that the prices will recover. I’m 58 years old, don’t need the money – but maybe in two years, if I want to pay off my mortgage, this money could be part of it. I know you’re not psychic and nobody can predict what’s going to happen, but in what timeframe do you think these stocks will recover? As a 58-year-old, are there any chances of me experiencing this? Reader’s question from CT