EconCERF
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Advanced · A5

When to Change Your Plan

When to review your plan and when to leave it alone. A change to your goal, date, financial situation or honest profile answers is a reason to review it. A market fall or a worrying headline, on its own, is not.

By the end of this module, you’ll be able to:

  • Tell a genuine change to your plan from a reaction to markets or news.
  • Explain why long-term return estimates are not promises.
  • Apply the rule that plan changes follow input changes, not market falls alone.
  • Record the changed input and reason before updating your plan.
  • Explain why a market view or industry preference does not change your band.

6 lessons · about 45 minutes

  1. 1What your plan can’t know
  2. 2When your life changes
  3. 3When only markets moved
  4. 4Three harder cases
  5. 5Making a change properly
  6. 6When to Change Your Plan in one page, and a quick check

This module is free to read with an account. Register free to open every lesson in full and save your progress.

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