I recently talked to another advisor regarding the state of the world and what that means for navigating the investment universe moving forward. The thought being just a couple of years ago when the market dipped early on in the pandemic, we all knew why the market was going down. There was only one thing to focus on, a pandemic.
However, today we have war in Ukraine, soaring inflation, rising interest rates, supply chain issues and more! There is no shortage of information available today that might cause you to second guess your investment strategy moving forward.
But, there is no need to panic. We have been here before, and the world constantly faces unforeseen challenges that test human persistence and ingenuity. In the past, we have always found a way to move onward and upwards, and there is no compelling reason to believe this time will be different.
It might surprise you to look back and realize that over the past 25 years, we have dealt with:
- An Asian financial crisis (Asian contagion)
- Russian default
- Tech collapse (Dot Com bubble)
- 9/11
- Stocks’ “lost decade”
- Great Recession (2008 Financial Crisis)
- Global pandemic
- Second Russian default
If you are still worried about stocks, I encourage you to continue reading David Booth’s article below:
