There’s an awful lot flying around about where stockmarkets are headed. As misery sells it’s mainly investment bears you hear most from. All those experts are desperate to be able to look back, point to a prediction they made and say “told you so”.
Ben Carlson’s article, “Seeing Both Sides”, posits…
“It’s intelligent behavior to see the other side of an argument in the markets because no one is right all the time and it’s easy to become blinded by our own beliefs.
With this idea in mind, allow me to share some recent charts and statistics I’ve come across in recent weeks along with an argument on both sides of the bullish and bearish sides of the aisle.”
One day, the bears will be right. At some point there will be a crash. That crash will be every bit as temporary as every other crash.
But the bulls, those that buy and hold come what may, win in the end. They always have and always must. That’s what economic growth is all about. And we’re always, on average, growing.
To capture this you just need to invest in the biggest and best companies around the world. What could be simpler?
That’s how easy investing should be – buy and sit on your hands. Everything else is just noise designed to get clicks and / or sell advertising.
Get in and stay in and you’ll do just fine. Jump in and out, thinking that you have some special insight no one else does, and you won’t.
But remember, you should hold equities only in the proportion that you are willing and able to hold for the duration of a significant downturn. Everything else should be in cash.
future proofing your finances
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