The recent volatility of the share market shouldn’t put investors in panic mode, says Bruce Coleman, the CEO of MLC Investment. The best thing to do is stay put and focus on long-term investment goals.

Reassuring words for investors worried about their nest eggs, and very necessary. The media hasn’t been awash with calming words from the investment gurus.  Urging investors to take a patient and disciplined investment strategy, Mr Coleman said individual investors “all feel the tug of contrasting emotions when significant market movements, especially negative ones, are experienced”.

He said knee-jerk reactions to major market moves will be “wealth-destroying, not wealth-creating.”