Dear Smart Investor, At the forefront of everyone’s minds today is Russia’s invasion of Ukraine. It’s hard to fathom how much the situation has escalated since last Thursday. The war that Russia has brought to its neighbour’s doorstep has drawn a swift rebuke. On Saturday, the European Union, United States, and its allies announced that they will cut off a number of Russian banks from the SWIFT payment system. Subsequently, the Russian ruble plunged to a record low against the US dollar. The move comes on top of multiple sanctions last week to freeze Russian assets and to restrict the country’s travel and trade. With the news changing by the hour, it’s hard to keep track of all that is happening. To say that the outlook is uncertain would be an understatement. The wrong timing Buying opportunities almost never look like one. In January 2020, on the eve of the COVID-19 virus hitting our shores, we...