24th October 2016

Plain English Finance: Why crashes don’t matter

Over my last two articles I have looked at whether or not I think a massive correction is coming in stock markets (and, by extension, other financial and property markets more generally).

I signed off the most recent one by saying that I basically don’t care what happens to stock markets.

To repeat:

I believe that I can arrange my financial affairs such that I am comfortable that whether there is a massive crash or whether stock markets power ahead, my ability to meet my longer-run financial goals will be largely unaffected. You should feel the same way too.

How is this possible? The answer comes in three parts:

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Andrew Craig
Founder, Plain English Finance

 

Investments, Adviser Letter of the Week, Andrew Craig, Plain English Finance

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