TIMELESSNEWS
Wealth Preservation: ACCESSIBLE
- René Després, Financial Planner
Source & Credit: Assante Financial Management Ltd.
2008-01-09REPRISE of a timeless article always online -Strategies, Special Edition, september 1998
It Takes Two To Trade
With the corrections currently taking place in global equity markets,
it's important to pause for a moment to put these developments into
their proper perspective. Contrary to conventional wisdom, at Loring
Ward we believe that these corrections reflect a significant investor
confidence in the market, in addition to a lack thereof. People forget
that it takes two to execute a trade, and that for every fearful investor
out there selling in a panic, there's a patient buyer who's skilled at
acquiring equity at discounted prices. Such buyers know from many
years of experience that the value will return, and because they're in
it for the long term, they don't let the fluctuations bother them. It's
irrelevant to their program, because they know that the longer they
stay fully invested, the closer they get to their investment objectives
and goals. This is one of the most important thought processes we
can encourage our clients to maintain.. ... NEXT >>>
