Lippo Suominen: Shopping places can open up

The Middle East crisis has shaken the market recently. CEO of the Stock Exchange Foundation Sari Lounasmeri and OP-Pohjolan rescuer Lippo Suominen pondered Kauppalehti live In the Talousamau program on Tuesday, how a small investor should act in the turmoil.

Lounasmeri urged to think about your own investment plan and your own situation. If the investment period is long and there is no need for the money right now, according to Lounasmere, you can continue determinedly as before.

“If you feel that you are not completely satisfied with what you have invested in, you can of course think about diversification, for example,” Lounasmeri said.

“But many long-term investors shouldn’t rush around for nothing,” Lounasmeri continued.

The host of Tuesday’s Talousam Jussi Rosendahl inquired if there are any places to buy on the market now.

“Yes, they can certainly open up here. Yesterday morning it felt like a buying position was opening up, when there was a big decline and basically it was expected that Trump would back down,” Suominen said.

He stated that in recent years, we have already gotten used to the fact that there are 5-10 percent bills.

“It’s quite normal in the market, and it hasn’t really paid off to mess with it before. Yes, it has corrected itself,” Suominen said.

“There are always risks that things can go worse than imagined, but quite often they go better than imagined,” Suominen said.

In Tuesday’s broadcast, Sari Lounasmeri and Lippo Suominen also told how they themselves have acted in the recent market turmoil. You can watch Tuesday’s Economic Morning in its entirety below.