How to Avoid Getting Burnt by the Next Investment Bubble in 2024
It’s not just speculative assets like cryptocurrencies or meme stocks that can be prone to bubbles. Think of the dot com bubble crash of 2002. The internet is here to stay – but many of the companies investors bet on back then are not.
One of our critical duties to you is to assist you in avoiding common behavioural biases that could lead to subpar investment decisions.
Read on to find out about the only free lunch in the world of investing.
Did 2017 Change the Way You Invest?
There is always something happening in financial markets. And if you believe the 24-hour news media, it’s always important.
Whatever was happening in 2017, for example, would have seemed critical at the time. But, for most people, it is long since forgotten.
The truth is that for long-term investors, the day-to-day ups and downs are really of no consequence. As this article explains, successful investing is about thinking in much longer time frames.
Think You’re a Rational Investor? Think Again
Most financial theories and investment plans are based on the idea that investors are rational beings who consistently make decisions that are in their best interests.
There’s just one catch – we aren’t, and we don’t.
Accepting that there’s no such thing as a rational investor is key to being able to take good advice and thus succeed in reaching your investment objectives. Read on for some important insights into what makes homo sapiens tick.
Market Update: What Lies Ahead for 2024?
Stock markets raced across the finishing line in December, with the US stock market putting in its best performance since the heady internet boom at the turn of the century. South African stocks managed to put in positive, but more muted, performances.
2023 is set to be remembered as the year when most market and economic predictions proved to be wrong. Recession didn’t set in, the interest rate pivot never happened, and equities didn’t tank as expected.
But what can we expect from 2024?