Sunday, October 14, 2018

Chipmunks and Investing....




I took this picture of a chipmunk earlier today who thought she was hiding. After some editing, I sent the pic to my wife whose response was: “She’s gathering supplies for the winter.” For some reason this got me thinking about the recent stock market drop and many people’s responses to the 6%-7% disappearance of many of our investment accounts the past several days. Like the little chipmunk, we’re all investing for the future, hoping that the savings hold us over during future times of scarcity, after our ability to provide for our needs have passed. However, during days like these, I believe the chipmunk has a better outlook, as he simply puts his head down, gathers and stores up supplies, regardless of the size of the seeds, nuts, fruits or buds he gathers.

Remember that investing is a long game. Selling when the market is down guarantees a loss and, 100% of the time, the market has rebounded from downturns. As the chipmunk knows all too well, some seasons produce a bountiful harvest where you sow little to harvest big, and sometimes you work harder to simply make it through the winter. However, over time, investing always produces a profit as long as you let compounding work for you. To quote Warren Buffet: “Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”

** Always consult an investment adviser before making personal investment decisions. I do not claim to be an expert in anything and my opinions are simply that and nothing more…

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