You heard it folks, everything is going to zero. No asset is worth anything. The worst crash is upon us, let’s just run for the hills with some gold coins!
Hopefully the above statements sound absolutely ridiculous to you. But the sad part is that this message is being broadcast all over the place from people with big megaphones in the media. Pretty soon we will also be contending with more political nonsense which I frankly plan on ignoring.
And it is a total lie.
See, when you have invested and built wealth for a couple of decades, you end up seeing some strange human behavior and some wacky economic conditions.
Yes, it has been a tough year for investors across the broader market. But guess what typically happens after a down year? Several years of a bull run. There are a few exceptions, but typically assets rise again.