How does this market compare to other bear markets?

Investing is a long term proposition. We often get caught up in the day to day fluctuations of the markets and it is healthy to step back and have a bit of perspective with the benefit of history. The attached link courtesy of the New York Times provides some interesting factual data for those looking to compare bear markets. Go to How This Bear Market Compares.
Click Here To Read More

Five Things To Remember In Difficult Times

“I have not looked at any of my holdings and don’t intend to. I don’t want to be tempted to jump because I think I’d be more likely to jump in the wrong direction than the right one. My advice has always been to choose a sensible diversified portfolio and stop reading the financial pages. I recommend the sports section.”

Quotation attributed to Richard Thaler, professor of behavioral science and economics, University of Chicago Graduate School of Business.[1]

These are difficult times – nobody knows how and when markets will stabilise. We appreciate the emotions they arouse. But you should take some comfort  that our planning process is not driven by what is happening in the market at any point in time. It focuses on achieving your long term financial objectives, based on reasonable projections of long term investment returns.
Click Here To Read More