“Investors en masse have turned their lives around during this latest bull market run. They used to be depressed and miserable. Now they’re miserable and depressed.” (With apologies to David Frost)
Unfortunately, market nirvana is almost always either a day away or the day we missed. And when it comes to investing, “perfect” is always the enemy of good.”
Our current amoeba-sized 0.25% base bank rate will simply increase to the dizzying heights of 0.5% – an historically low figure that we eventually arrived at in 2009, and abandoned briefly back in August 2016, as the severity of the financial crisis began to hit home.
“For the most part becoming a millionaire means understanding the difference between “suspecting” and “knowing.” They’re not the same thing. What you know is what you know. And what you suspect is usually suspect.”