how to avoid a punch in the face

'Iron' Mike Tyson famously said "Everyone has a plan until they get punched in the face!"

This week in markets has felt a little bit like that, getting punched square in the noggin.

The thing to take away from it is that you still need your plan. Getting punched is something that happens every now and again in markets and in the ring. You have to be able to roll with the punches and ensure you are always making sure you are on the right path. Working with a proper advisor is the right thing to do (a coach in the boxing metaphor) to remind you to not get too stressed and put things into the right context. Don't fall into the decision making traps we regularly talk about in calmer times.

Accept this last week as a punch in the face and whatever your plan was the week before, remind yourself of it and check in to see if it's still achievable.