Investing Wisdom from 2016

Really nice to be featured in Sam Ro’s year-end wrap of investing wisdom. When the market went haywire in January, I said this:

“Volatility is not risk, it is the source of future returns,” Ritholtz Wealth Management’s Josh Brown said in January. “Drawdowns should be embraced, not fled from. If anything, a better timing tool would be to up one’s allocation in times like these, or to skew one’s elections further toward equities to take advantage of a temporary decline. This is a passive way to exploit events that are beyond our control, and there is the added benefit that it actually works.”

If this year had ended negatively as opposed to positively, you could take the above quote and hang me with it for a cheap laugh. But the last laugh, the only one that matters, would be all mine.

Because regardless of outcomes over 12 months, 36 months, etc, in the end, thinking long-term and accepting volatility (and yes, drawdowns) is the only way to perform over ten years or more. There’s no shortcut where you can have only the pleasure and none of the pain. Anyone telling us otherwise is selling lies.

Click over to read the whole thing at Yahoo Finance. Oh, and make sure you check back here at TRB tomorrow for a nice treat.

Investment wisdom from 5 pros on this year’s crazy market (Yahoo Finance)

What's been said:

Discussions found on the web
  1. click here commented on Sep 14

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  2. eatverts commented on Sep 21

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  3. bitcoin era review 2020 commented on Sep 22

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  4. bitcoin era review 2020 commented on Sep 25

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  5. bitcoin loophole review commented on Sep 28

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  6. 링크모음 commented on Nov 09

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  7. DevOps commented on Nov 10

    … [Trackback]

    […] Here you can find 48719 more Information to that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  8. Digital Transformation consultants commented on Nov 27

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  9. easyweb td online banking commented on Dec 15

    … [Trackback]

    […] There you will find 48650 more Info on that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

  10. cvv shop su commented on Jan 01

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2016/12/30/investing-wisdom-from-2016/ […]

Read this next.