Who has been watching the markets lately? Sick from the roller coaster like activity yet? With 1% swings in both directions (up or down) feeling like the norm what is an investor to do?
There are some great statistics out there around our current situation. Following the stats, if markets are up in the first 2 months of the year it has been up every single time since WWII. This has happened 25 times in that time frame. As Sam Stovall (who is the Chief Equity Strategist at Standard & Poor) also points out that things are looking better in the United States as well as other parts of the world. Even Europe isn’t as doom and gloom as it was a few months ago.
By no means are we steaming up a hill, but as Stovall states in the article “some would say we are in the very beginning of a brand-new bull market.” He is not stating (and neither am I) that we cannot break this trend, but that’s a lot of history!
When it comes to your personal investments we need to take into account your long-term goals. I believe the article (and a lot of other articles that I read) state the same thing. If you have a long-term time horizon (over 5-10 years) equities are where you want to be invested… with a Global Focus.
As Warren Buffet so famously states, “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.”
If you want to read the whole article at Adivsor.ca click here.
Comments are closed.