August 5, 2021

George Cafe Journal

The Power of Success

Current market volatility is not synonymous with possibility

The latest economic information indicated that new home profits fell much more than forecast, while greater costs restrained demand. Customer self confidence slumped for the to start with time this yr as inflation worry and elevated unemployment most likely curbed advancement in sentiment. So now what?

Right after far more than 50 percent a century of expertise, I know of no expenditure auto that rivals popular shares as a way of accumulating wealth. Indeed, these kinds of an expense technique does entail dealing with chance, even though it can be minimized.

However, what is stomach churning is not so substantially the danger of investing in equities as the volatility of the markets, which has been exacerbated of late.

Allow me level out after all over again that marketplace volatility is not synonymous with risk. Do not confuse hazard with day-to-day share price tag fluctuations. As I have said continuously, value fluctuations are random events that do not lend by themselves to forecasting.