How young investors can grow their money during coronavirus crisis

Diversify portfolios, invest for long term, look to safe havens such as gold: Experts

ST ILLUSTRATION: MIEL
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Young people who have just started trying to grow their investment might feel like it's all a lost cause, given the way the coronavirus is decimating markets, but experts say they should hang in there and focus on the long term.

That means keeping their portfolios diversified, avoiding riskier stocks and looking at safe havens such as gold.

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A version of this article appeared in the print edition of The Sunday Times on March 15, 2020, with the headline How young investors can grow their money during coronavirus crisis. Subscribe