Wisdom Of Uncertainty
Historically, equity markets have delivered outstanding long-term returns – but investors must pay the price in the form of short-term volatility. These periods of short-term volatility should not be confused with the demise of capital markets.
Putting this into perspective, investors in capital markets should expect ongoing and frequent periods of short-term volatility annually as part of the investment experience, which will enable their wealth to maintain their purchasing power over time.
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