Thought of the Day

| March 28, 2018
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After yesterday massive intraday swing and on the heels of a few manic months, it appears we are in a new risk regime.

Meaning we will be locked in a battle of major market swings both high and low, which will lead to a grinding out of lower than expected returns.

During the late afternoon swoon I remembered the words of Warren Buffett from his recent letter to Berkshire Hathaway shareholders:

“During such scary periods, you should never forget two things:

First, widespread fear is your friend as an investor, because it serves up bargain purchases.

Second, personal fear is your enemy. It will also be unwarranted.”

 

When you see the negative headline or check your account balances and that pit appears in your stomach, remember the above comments and work to calm your emotions. This is something that is very difficult, but with practice you can begin to have more favorable REACTIONS to this STIMULUS.

 

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

 

Disclosure
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Meyer Capital Group), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Meyer Capital Group. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Meyer Capital Group is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Meyer Capital Group’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

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