Happy New Year!
2018 was a year to forget for us as investors. It was about damage limitation after the year’s earlier peaks. However I hope 2018 was a year to remember for you as an individual. Let me take this opportunity of wishing you and your family all the best for 2019.
As 2018 closed, like the All World Index shown above, we found ourselves counting our losses. The synchronised global growth I described last year has turned into a synchronised global slump. In the same blog I went on to say;
Although the primary trend is for a long term rise in share values, make no mistake there will be more hiccups along the way. A short term downturn or two is common within a long term uptrend. We have not witnessed a non-political hiccup for almost 2 years.
If we view our investment lifetimes as a war, then we lost a battle in 2018. Similar to those we lost in 2011, 2008 & 2000.
Continue reading “It’s Personal”