Just got back from a busy trip and jumping straight back into the action. Time to settle down though the markets, as always, have other plans. A full plate of work and meetings ahead, navigating the usual turbulence. Well, what is investing without a little chaos to keep things interesting?
History does not always repeat but it often rhymes. If you missed our most recent webinar, you missed a great one. I covered valuable insights on stock market corrections from a historical perspective, definitely worth catching up on.
I know, I know, some investors may still worry that this time is different because, let us face it, every market downturn feels like the end of the world while you are in it. When uncertainty looms, it is only natural to imagine worst-case scenarios.
When big problems are gone, people worry about the small ones. When small problems disappear, they panic over the trivial or even the imaginary. History has a funny way of proving doomsayers wrong. The economy and stock market have survived everything from recessions and bubbles to pandemics and even a full-blown depression, only to dust themselves off and keep marching forward.
While past performance is no guarantee of future results, understanding historical patterns helps put things into perspective. For long-term investors, periods of high pessimism have often been followed by stronger future returns on average.
My presentation tools are set, the hotel meeting room is booked and the limo will be here any minute. Time to head out for a meeting with partners and investors.