The last few years has reminded us that investing comes with risk. While it is scary and difficult after a long tough period, we need to recognise that successful investing is ultimately about using opportunities to generate returns. In this regard I am endlessly amazed at the capacity of many to see disaster around the corner of everything.
Some commentators have given up on an immediate return to the GFC (the fabled ‘double dip’) and are now simply saying that the global economic recovery and rebound in share markets are simply setting us up for the next disaster. Given markets always go in cycles this is a bit like saying “I didn’t expect the sun to rise today, but it doesn’t make any difference because it will only set again this evening” and so the darkness will return.