king at the long term," says Adrian Lowcock, senior investment adviser at Bestinvest.

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be looking at the long term," says Adrian Lowcock, senior investment adviser at Bestinvest.

"Weak markets often offer buying opportunities."

Anna Sofat points out that thin trading in August, when many traders are taking a holiday, can also accentuate movements on the markets.

"Investors should hold on for a bumpy ride for the next few weeks, but I expect there will be some sanity back in September," she says.

But Mr Gadd says he expects volatility for six months, so investors should ensure their portfolio is diverse.
Should I be worried about my savings?