When you start your investing journey, at whatever age that happens (the sooner the better) you have to do so with that same perspective in mind: There are no fairy tales. It’s a process that involves time and patience. And as Warren Buffett suggests: Your impatience only ends up paying those who are willing to wait.
While the media loves to paint our screens and newspapers with black and sombre colours, the fact remains that stock markets are in periods of profit at least five times longer than they spend in downturns.
Year after year we’re told by the same experts (read: culprits) that the end is nigh, deflation or inflation will be the death of us, the market indicators are bad and the Black Swans are circling.
The instinctual triggers from our Lizard Brains probably ensured the mass survival of our cave-dwelling ancestors. But that fight or flight mechanism has now become the investor equivalent of an inflatable zimmer frame – guaranteed to let you down the moment you lean on it.