28th November 2016
Plain English Finance: Financial Literacy Trumps Trump
Last month I wrote a series of three related articles that I hope you got a chance to check out. The first looked at whether we are heading for a massive crash. The second looked at two reasons we may not be headed for a crash after all and the third, and most important piece, repeated a point I have made so often over the last few years – that you can succeed financially no matter what markets do.
In fact, I would go even further and argue that the more you worry about what impact the “news” might have on financial markets, the less likely you are to succeed financially.
In the long run, the more you automate your finances and ignore the news, the more likely you are to achieve consistent and, quite possibly, life changing returns. This basic world view seems to have been vindicated once again in the last few days with what many financial markets the world over have done since the surprise election of Donald Trump: Not really that much.
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Andrew Craig
Founder, Plain English Finance
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