Regardless of what else is happening
Our conviction and belief (and one of those things which helps me sleep at night during the current market volatility) is that regardless of what’s happening in the market, investment fundamentals don’t change.
Perhaps, if you have also subscribed to MLC’s Market Watch you would have read the post on Investment Fundamentals. If you haven’t visited the Market Watch website and viewed that post, I’d encourage you to do so.
I had also been speaking with some past colleagues about their own experiences over the past 25-35 years … the challenges faced, the lessons learnt, ‘tactical’ positions taken (which made them feel better at the time but were proven to over time not make much of a difference at all) … I shared with them a print out of the Investment Fundamentals article and as they read it, their body language spoke volumes. Smiles and nodding of heads …
My past colleagues agreed with the observations from Mr Scurrah, “to take a long term view of your money, set a strategy for the long term and stick to it … however difficult it becomes ignore short term noise created by market volatility”.
Many previous posts made capture the essence of what I would like to again convey … rather than rewriting I’ll beg your indulgence and redirect you to posts that spring to mind: Headlines, Fear and Reassurance ; Dollar Cost Averaging ; Market Volatility - the fundamental things still apply.
Where to from here?