Just like jumping in double dutch, there is a rhythm & a timing to investing.

The current market meltdown is painful. I am not saying that flippantly. There are real world consequences to your finances because of the actions of others. 

This may be of little consolation, but on average there is an economic/market pullback every 10 years or so. This one is a little early (Covid -19 was the last one, and the mortgage meltdown was in 2008).

But do a little exercise from the stock app on your cellphone:

1. Look up the S&P 500 but change the time frame to 1W ( one week ).

2. Now change the timeframe to 10Y or all.

The 1W is painful and shocking. But the long view of the market paints a far different picture.

For those investors who have finances in the market, we have to take the long view. 

For those just starting out, after the current dust settles, you may find that the biggest gains of your life happened during the period we’re now in.

Be fearful when everyone else is greedy. But be greedy when everyone else is fearful.

-Warren Buffett

We spend 12 – 20 years in school learning about every subject, except for money. Then we spend the rest of our lives trying to figure out how to make money or how to grow the money we have.

My approach to financial literacy is to teach it in a way that makes the complexities of finance so simple that your investing actions become instinctive. 

To the youth, young adults, and the mothers who raise them, 
Financial Literacy: Monk Says… Learn the Game

www.MonkSays.com

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