Conrad Clifford, Warwick Wealth Director and Regional Manager, KZN “It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” Charlie Munger The current market turmoil may have some investors feeling like they should sell and wait on the sidelines until all settles down. Inflation, political issues, the war in Ukraine and Covid recovery, are all issues of concern. But are these matters that will permanently change world markets and does this mean that we have to re-think everything we know about investing? Certainly not and, in fact, we can rest assured that the current challenges are just that, the current ones. The US market is a fair barometer for world markets, so looking back at the Dow Jones over the last 50 years, there have been many events that would have had investors feeling concerned about their investments when the markets suffered sharp declines. Let me highlight just a few that you may recall from the history books or maybe in your own investment journey. 1972 Watergate: Dow Jones down 50% 1980 -1982 Recession: Dow Jones down 16% 1986 -1989 Chernobyl, financial panic, Lockerbie, US invades Panama: extreme market volatility 2007 Sub-prime […]
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