RETAIL IS ALL-IN: LOOK OUT BELOW! Wealth Resear
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Wealth Research Group contactus@wealthresearchgroup.com via gmail.mcsv.net
14:45 ( 8 hours ago)
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Don't Fight The FED
For the past few days, I've been spending quality time in Wyoming at a ranch resort. Yesterday, while speaking with the guide at the aerial ropes course, I learned that Elon Musk, Jeff Bezos, Bruce Springsteen, and Tom Hanks, as well as Ivanka Trump, are all past visitors of this resort. NFL and NBA players also like to book their shooting and fishing vacations in this ranch.
While at the aerial ropes course, we had two levels of height, with one being 25ft and the other 40ft. When climbing to those levels, the sense of the ascent is noticeable. What's interesting about the course is that because of the equipment, the participants are 100% safe since falling just means one is caught between the earth and the sky, but no harm comes to him.
Yet, the fear does exist in the heart of both adults and children.
Some fears, I believe, are simply either innate or as close to engrained as they come. The guide that helped us through the various challenges had told me that the first time she climbed up there, she sobbed and cried, never trusting the gear and was emotionally traumatized by the sheer height and foreign experience of not having her feet on the ground.
By the tenth day of training, she completely had faith in the equipment and has never looked back.
In the aerial ropes course, the fear is mostly mental, since the likelihood of injury is nearly non-existent. As a beginner, you'll surely feel overwhelmed and outside of your element, so you must push through that and get to the point where you're comfortable with the adventure.
In the stock market, it is pretty much the same; the beginner will always feel like he has invested at the worst possible time and anything can cause uneasiness and discomfort.
The thing is that both on the ropes course and in the markets, one can take his time and gradually work his way up. I started at the 25ft level and then climbed to 40ft, eventually doing the zip line as well.
There's no need to panic and if you do – and it happens to everyone – keep in mind that buying an index fund has never lost anyone money over the long term.
America is growing through trials and tribulations, but it's kicking ass, nonetheless.
All of the political turmoil, with the divisiveness and the bad vibe, doesn't stop the economic machine from producing vast wealth.
When we were on that course, adults and children were climbing it together. I actually think that some kids are less fearful than adults, since they don't think about the height factor that much.
A lot of rich people, who own successful businesses, tend to invest like the few who just choose to watch and not participate.
All they did was take pictures, missing the exhilaration of knowing that they accomplished a special thing.
In order to grow mentally or to have more, financially speaking, you must either own your own business or invest in publicly-traded ones. Some even say that the Federal Reserve acts like the clips that link you to the ropes, so that no fall would be too hard.
I don't rest my hopes on that theory, but I still put the majority of my net worth in equities, because it works.
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
Read More: https://investorshangout.com/post/view?id=620...z72BToh63E