As I review the market today, a perfect anecdote comes to mind….
A young man takes his girlfriend on a roller coaster ride. One moment, she is relaxed, laughing, feeling the wind in her hair, and the thrill of the moment. Suddenly, contentment and enjoyment turn to fear and trepidation. Without warning, the ride took a steep dip. These two extremes continued throughout the course of the ride. When she exits the roller coaster, the young girl is unsure what she feels.
Her boyfriend then takes her on the merry-go-round, where they sit on horses which slowly go up and down while the ride moves round and round. Emotions remain stable. At the end of the day, he proposes marriage. He says he knows what he wants out of life and will work daily to support her. So she accepts his proposal.
Fast-forward 40 years: She is a widow living with her son and his family who are struggling financially. She decides that now is the time to tell them the story of her roller coaster ride. At the conclusion of the story, she states, “Life is like a roller coaster. You have fun, enjoyable, relaxing periods; then suddenly, without warning, life takes you into a period of fear and the unknown. And you come to know trepidation.” She went on to compare the merry-go-round, making sure to tell them she was glad her life was like the roller coaster. It had been much more fun than what the merry-go-round would have been.
I share this story because the markets are very similar to a roller coaster ride. They offer great rewards, but along the way they will dip and create trepidation.
We are in a presidential election year and the markets will become wilder. It is during these times that you discover if you are a short-term thinker or truly an investor. Investing requires one to be patient and realize that it is when all is in turmoil that opportunities are created.
Baron Rothschild, the quintessential banking opportunist, is said to have advised that the best time to buy is when there is “blood in the streets.” An investor who embraces this axiom casts aside the bears and turns bullish in times of maximum pessimism.
My door is and continues to remain open to those wishing to ride the roller coaster of the stock market and discover that it is only a mirror to the roller coaster of life.
Let’s have a conversation
Let’s get together, face to face. I will help you experience — and understand — how your money will grow in the world of long-term investments. Let me show you how much fun it can be! Call me, Vicki L Wille, today at 702-878-9562.
Or click the button below and…