Welcome to another Monday and newsletter. Belated Eid-El-Maulud to our Muslim members.
A lot has been said and written about the fact that the global inflationary pressures and looming recession in many economies don’t seem to be receding anytime soon.
Of course, this has led to losses across asset classes, whether it’s property prices, equity prices or yield on bonds.
In other words, the streets definitely aren’t smiling at the moment for both local and global investors.
Today, my reminder to us is to do what the majority of institutional investors have learnt to do – hold back.
Like I have stressed severally, markets are cyclical and will always have their ups and downs.
Those who have made the best of times like this have done so by just reining in the pressure to react.
A major understated part of wealth creation is learning to look beyond market fluctuations and enjoying the ride.
So today, instead of bemoaning our paper (unrealised) losses, let’s focus on other things especially the ones money can’t buy – good health and family for example.
A gentle reminder too, that there is no better time than now to invest in our Personal, Finance, Career and Business Development Growth.
You may head over to the platform to access the replays of the 2022 Smart Stewards Summit.
Till we meet next Monday, do have a wonderful week.