Following two recessions over the last decade, and despite the record setting progress and pace of key western global stock markets ever since, optimism has become (and remains) a somewhat scary proposition for the investor herd at large.
Remember all those articles and special reports about Greek debt; the whingeing and complaining, the fear and dread, the ever-present global apocalyptic endgames on The Nightly Noise at 10…? Well, today’s chart from Barry Ritholtz on his wonderful blog, The Big Picture, certainly puts the Greek stock market into perspective.
Good investing is a long-term wealth building process that’s supposed to be boring. That’s why they invented moothies and red wine.
American author Jodi Picoult once wrote that anxiety is like a rocking chair: It gives you something to do, but it doesn’t get you very far.