Gravity
The start of the year has been an abrupt reminder that investing is not for everyone. We each earn our long-term growth by successfully handling difficult periods like this one. When all we receive in the interim periods is additional growth and income, it takes no personal effort at all.
Most of us have been investing a long time, so we have already handled many similar periods and have the scars to prove it. Covid – 19, the last worry about the rise in inflation in 2018, Brexit, Greek debt worries, Greek debt worries again, Cyprus default, The Great Financial Crash. All of these periods have been successfully navigated in just the last 13 years! We should get an achievement badge for each, we could wear them like an astronaut wears his mission patches.
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