First Quarter 2022 Market Review - Uncertainty Returns!
Very few things in life are as difficult as being a long term investor!
After all, if you really think about it, history has proven that those investors who are most successful tend to take actions that are counter to popular sentiment.
This is best summarized in Warren Buffett’s quote:
Be fearful when others are greedy. Be greedy when others are fearful.
However, putting your hard-earned money at risk when there is so much conflict and turbulence swirling about is no small task!
When the future is measured in days, weeks and even months...
Now is one of those times in which it is only natural to be fearful and anxious about what the future holds—especially when the “future” is measured in days, weeks and even months!
Will military involvement increase by NATO countries in an effort to stop the Russian invasion of Ukraine? Will the Federal Reserve continue to raise interest rates? If so, will this result in lower economic growth, or damage to the real estate market? Will persistent inflation, dampen the economy and hurt consumer spending?
No one knows what will happen with any of these important matters in the coming days, weeks and months.
When the future is measured in years...
However, I think that most of you will agree that when looking farther in the distance. Some point on the horizon. It is obvious that these issues of global importance, will be resolved.
People and businesses will continue to have the internal desire to be productive citizens and contribute to a better society. A society that will provide opportunity to our children and grandchildren to better themselves and to help others with their resourcefulness and ingenuity.
I can see that time and I hope that you can too!
Please know that we at Beacon are committed to assisting you in any way we can, now as the markets seem uncertain, but also even when there appears to be smooth sailing ahead!
We know your investment goals, your family’s financial needs and also those things you are worried or anxious about. We know these things because we have taken the time to ask you and you have been willing to commit to a tried and true process in which the probabilities of long term success are high.
Let’s all stay focused on the future and not lose sight of the enormous potential that awaits! Cheers to good times ahead!