Mastering the Market? Stay calm and keep it simple!
Focusing on long-term success - Winners win
As the current banking crisis unfolds, it's easy to become entangled in the whirlwind of short-term concerns. Amid the market mayhem, remember the importance of prioritizing long-term financial goals as a retail investor. Embrace volatility as a natural part of the journey, and let patience and discipline guide you to success.
Unleashing the strengths of savvy retail investors
Our greatest assets as retail investors are the ability to hold our positions indefinitely and the freedom from reporting obligations. We can remain unswayed by market pressures and maintain a calm, humble approach.
Learn more, and resist the temptation to succumb to the noise generated by algorithms and sensationalist headlines. You will get lost eventually, don’t be a “Happener”.
Staying focused on the big picture
While following the market's tumultuous twists and turns can be entertaining, ask yourself: do these short-term events significantly impact your long-term strategy?
Definitely, not much changed in my gameplan:
Currencies will continue to devalue.
🤡 and moral hazard will probably thrive even more.
Winners win, losers lose.
+ Don’t invest in bank stocks. What’s the point? In long-term? More regulation is needed for sure (1). Finnish people and my social circle are nuts that Nordea is such a great bank. What a great money machine and so cheap now. Long-term upside? Do they have the slightest clue what is happening now, and do they understand that they are the product?
My long-term savings account will be Bitcoin: Do I trust these Ponzi schemes will last? Excellent rant by Jack Mallers:
Turbulent waters
From the most boring financial crisis to speculating what the FED will do next. Is this just the top of the wave, and tsunami is still coming? Commercial real-estate collapse?
Focus on long-term goals and bet winners. Embrace the volatility.
Sources and further reads:
https://www.ft.com/content/70ce4b8a-1310-4e3c-a891-3c34cd313841 (1)