As an investor, I know I’m supposed to prefer market volatility and bear markets so I can buy ETFs & stocks at lower prices. And I understand this usually comes together with an economic recession, which poses retrenchment and other types of risks that I should accept with my investing approach. This is the objective and logical way to think about it. But we know the human mind doesn’t always work like that.
Which is why I have to say I’m liking this economic recovery, even with the consequential higher stock and property markets prices. It feels more stable and people are in a better mood when their jobs are more secure and their investments are doing well. There’s a nice rhythm and it’s even more obvious when work winds down in the months of Nov and Dec as people spend more during the festive season. It seems like 2017 is turning out to be ......
