Friday, January 8, 2016

Down and Up

The market goes up...  the market goes down.  Today the stock market's volatility looks like the week of Aug. 1, 2011 to August 5, 2011 when there was a debt downgrade of the U.S. Government.  So the talking heads will attempt to explain the human fear that occurred this week - China, Oil, Turmoil.

On paper this week makes those invested in the market 6% poorer.  Yet looking over a 15-20 year view the market continues to increase for those who invest in the long term.

So this is another example of letting the short term impact of weekly events change a patient behavior of "keeping your hands off the dials".  Yet money (even paper money and digits on a screen) perceptions are powerful forces in our mystic.

My advice -  Go home this Friday, enjoy your family and forget about the market. 

And my prediction for the market for 2016.......  The market will go down and up.

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