“It is important to realize that sensational predictions rarely come true.”
~Ben Carlson
Failed forecasts are prevalent in the financial industry.
But is anyone keeping score?
This article, Some Things That Didn’t Happen, by Ben Carlson, previews his upcoming book which catalogues many dire warnings of impending doom.
Just take a look at some of these scary headlines which did not happen!
Carlson states two conclusions:
- There will be nasty stock market crashes, recessions and financial crises in the future. I know these things will happen and I still invest for the long-term.
- Spending 95% of your time worrying about things that happen 5% of the time is a great way to constantly scare yourself out of markets that usually go up.
We can all recognize that “sensational predictions rarely come true.” However, when markets become volatile, we believe it is important to have a plan in place.
That’s why our portfolio strategies capture market upside while reducing volatility.
Call us for a demonstration of how our portfolios can work for you!
“Predict often because eventually you will be right.”
