It is only human nature to expect the recent past to repeat itself, says David Jane, but a longer-term look at history suggests a repeated pattern of market collapses is the exception, not the norm
It is a popular pastime among market commentators to worry about the downside. Little is written about the risk of not participating in market rises, however - and yet that, for long-term investors, is equally important. The vast majority of investors require real capital returns over time as they invest to build their capital over the long term. An excessively bearish approach risks missing the capital growth, which is the very purpose of making investments in the first place. With that in mind, and as a counterbalance to the slew of negative commentary trailing a correction (defined...
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