The word ‘ahoy!’ is an old maritime warning, usually used when either a ship or land was sighted in the distance as a warning to the crew to beware. Today, the risk of higher inflation down the line has been sighted by both economists and – of late – the markets.
“As an investor, it is generally not a bad idea to ignore what is going on in your portfolio most of the time. At the very least it can be distracting and at worst it can be a source of unnecessary anxiety. That advice is as applicable today as it ever was.”
“Our Investment Committee tirelessly reviews all new evidence that challenges or supports this approach. The current evidence suggests that focusing on a low cost and diversified approach gives investors a strong chance of experiencing a successful outcome.”
“You must unite behind the science. You must take action. You must do the impossible. Because giving up can never ever be an option.” Greta Thunberg
You don’t need bonds, until you need them.
Markets go up the escalator and down the elevator!
If it ain’t broke, don’t fix it!
Could’ve, would’ve, should’ve!
‘You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.’ Peter Lynch.
‘May you live in interesting times.’ Old Chinese curse.