Two classic quotes spring to mind when navigating turbulent markets. The first from Charlie Munger holds that, “Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred gratification gene, you’ve got to work very hard to overcome that.”
But perhaps the crispest quote comes from Charlie Munger’s partner, Warren Buffet, who reminds us that, “The stock market is a device to transfer money from the impatient to the patient.”
Global and local markets have been tough of late, but we know from decades of experience that remaining invested in the market over the longer-term delivers positive real returns.
So, like all previous market turbulence, this too shall pass. But what will never change is Warwick Wealth’s commitment to our clients, particularly during times of market turbulence.
In this edition of Wealth Matters, we tackle some of the current market challenges head-on and trust that you will find the commentary interesting and enlightening.
Enjoy the read and please do not hesitate to be in contact with Warwick Wealth on any matter on our Toll-free number 0800 50 50 50.
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