From the beautiful alpine peaks seen in Jan 2020, we’ve now fallen into the valley and rushing towards a waterfall….
Yes, as I’ve been discussing over the last 10 days with anyone asking me the question; Where do see the fall end? Or, Is this the bottom?
My response to these questions were always standard & will continue to be standard…. _*I Don’t Know*_
One day this waterfall has to end & has to touch mother earth. Then, the currents will stabilise & the water starts to flow smoothly.
_Untill then……it’s going to be a fall_
Having seen the years 2000 & 2008 quite closely, I’ve no doubt in saying that, this phase too shall pass.
How much time? _Again, I don’t know_
How do we survive? _The basic rules of Money Management_
Will we see the peak again? _We’ll for sure surpass it, one day_
Is this the end of the word? _I don’t think so_
Is this the end of the Capital Markets? _I don’t think so_
Is the concept of Money going to evaporate? _I don’t think so_
Will many many people die? _I don’t think so_
Will there be temporary difficulties in managing one’s Money & Life? _Yes, for sure_
Will such event recur again sometime in the future? _Yes, most likely_
How do I get comfort today? _Manage priorities sensibly. Manage money sensibly. Manage life sensibly_
Again, How much to go on the fall as we are down about 31.56% from the recent peak? _*I DON’T KNOW*_ maybe, 40% from peak or 50% from peak or 60% from peak ?
How can I live with it? _If the Asset Allocation was made right, if the Spending is tight & if one has the patience to hold….. we’ll definitely live to see the all time peaks in the future_
We’re in this together & we’ll fight it out together ??