Recent negative market volatility is part of a long term trend – of ongoing market volatility. How can we remain invested and cope with it?
- Stay in bed and avoid contact with television, radio, or internet
- Learn to savour the tastes of bread and water
- Go on a treasure hunt finding items that may be worth money at a flea market
- Take comfort in knowing your investment income tax will be lower again
- Stop sending thank you notes to your advisor or broker
- If you’re a self-investor, find your doppelganger to blame problems on
- Listen to motivational tips which lure you into a short-term sense of confidence
- Watch movies about the subject so you can compare fact to fiction
- Use your nicest flowing pen to list issues which worry you more
- Diversify with other asset types, since they can’t be much worse
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