Part 1: market sentiment equals opportunity not catastrophe, and case in point around behavior – and not just consumer behavior. Disclaimer: this has 1% to do with #coronavirus and I way-vibe with this woman right here. Thank you @lifestylebrazil for sharing your photo that speaks 1000 words.
K, back to the topic du jour: temperamental people making temperamental decisions, behaving like they do as consumers, market participants and humans roaming the planet. I subbed the word temperamental for my fist phrase in instinct “bat shit crazy”. I say bat shit crazy because it’s typically irrational behavior that floods that market and makes it swing dramatically without taking into consideration the macro picture long term. Valid reactions? Yes. Temperamental responses? I say yes.
The bonus during times as such (distressed sentiment flooding the market attributing decline in a number of sectors) give great opportunity for market entry — and seizing opportunity around travel and various other directly related discounted investments.
Do you feel like your portfolio is currently going to hell in a hand basket or do you feel like it’s a rodeo (aka FUN) out there!? I guarantee those who are up in arms and in their own distress as a ripple effect from the cause create tension and worry in other areas of their lives b/c they haven’t decided it’s safe to walk through the fire once in a while or, dramatico behavior is their thing.
I’m not saying be irresponsible or lack consciousness around your decisions. What I am saying is reactions yield less fruit than methodical responses and nods in acknowledgement. Plus — worrying about what you can’t control breeds literal energy blocks you can afford in your practise or your life.
Stay sharp, and stay tuned. Sending prayers, love and peace to all affected by this damn virus. Makes last week’s food poisoning look like a trip to the Ritz. Honestly though, stay safe out there and remember, how you do one thing is how you do everything.