Sometimes people contact me to ask what me what I think about the latest World problems.
My answer is always the same. We are not in the game of economic forecasting, economies are often not in sync with the stock-market, so no-one knows the best time to get out, or more importantly the best time to get back in.
What I can tell you is markets are generally up 3 years out of 4. So if you get out, the odds are 3:1 that you will lose out in the long-term and these odds work against you, the longer you stay out.
So how do you win the game of market timing? Simple. You refuse to play it.
WE ARE NOT WORKING TO MAXIMISE YOUR SHORT-TERM GAIN, WE ARE WORKING TO MINIMISE YOUR LONG-TERM REGRET.