The game is changing. That means what you have to do to win is changing too.
Take a look at this.
One of the most important phrases I’ve learned to use in business is “… or something better."
Too many times, we have a specific idea of what we want - and how we want it. Unfortunately, that focus can cause us to miss other (often better) opportunities.
The same is true for people in the roles they play and the things they do. Too often, we fall into a rut and focus on the activities and efforts that we've planned (or have always done), instead of what's possible or preferable.
One of the values that I stress here at Capitalogix is that the best way to grow the business is to grow the people. That sounds strange because so much of our business is based on technology. But the point is to continue to automate, delegate, or outsource things that we used to do … so that we can do something better.
Something to think about!
Putting This Market Decline in Perspective
How bad was the recent decline? It was the biggest since 2011.
To put it in better perspective, here is a chart (based on daily closes) showing significant S&P 500 Index declines since the all-time high prior to the 2008 Bear Market.
The area with the pink background highlights the "Bear Market" area beyond the 20% decline mark.
via Doug Short, Advisor Perspectives.
Buy and Hold investors must stomach significant drawdowns to get their returns — even in 'good' years.
The chart below shows S&P 500 intra-year declines compared with calendar year returns. The bars represent year-end returns since 1980, while the reddish dots mark each year's market low.
via JPMorgan Guide to the Markets.
According to Business Insider, here are the historical frequencies of certain market correction levels.
Since 1900, we've seen:
The point is that 10-15% pull-backs are normal (and perhaps even healthy) for the market.
Interesting.
Posted at 11:04 AM in Current Affairs, Market Commentary, Trading, Trading Tools | Permalink | Comments (0)
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