The Power of Resilience
July 9th
For 240 years, it's been a terrible mistake to bet against America, and now is no time to start.
Belief in the power of resilience, patience, and long-term thinking is essential. Recognizing that trends are cyclical, and downturns are predictably followed by upturns, holds true not only for America but for all robust economies.
Facing turmoil, the temptation might be to withdraw, to bet against the system. Yet time and again, these systems have proven their capacity for recovery and growth. The same can be said for personal investments. The test is not merely surviving the challenges but learning, growing, and emerging stronger from them.
This is not just about economies or markets; it's an introspective look at ourselves as investors. It's about believing in our preparedness for a downturn, the robustness of our strategies, and our capacity for recovery.
Investing, much like life, is not devoid of adversity. But just as America has risen from its lows, so can an investor rise from a poor investment or a market downturn. The key is to remain patient, to trust in the process, and to view challenges not as setbacks, but as opportunities for growth.
Copyright © 2023 by Scott Sansovich