When The World Doesn’t Conform To Your Views

This is ludicrous. 
The Fed has lost all credibility. 
The market is going to crash. 
This is the biggest central bank bubble of all time.
It’s a complete farce. None of what our leaders are doing makes sense. 
You’ll see. 

These are just some of the headlines and opinions that I see spit out of the great media machine on a daily basis. Everyone from economists to portfolio managers to billionaires are shaking their heads in disbelief at the state of free market capitalism.

It’s just not the kind of environment you imagine when the Nasdaq Composite Index (QQQ) is hitting new all-time highs.If I had a way of measuring pessimism and overall discontent, I think it would be off the charts.

compq

You can apply those same sentiments above to the stock market, the bond market, the presidential election, social injustices, pretty much everywhere.There is a ton of pent up anger and frustration that the world isn’t conforming to my personal views.

How dare the stock market keep going up when I have been trying to talk it down for six months? 

How dare that politician blatantly lie or dodge the question I asked them on Twitter?

How dare that company that made some senseless app is now worth $10 billion and I’m still struggling along?

Let me fill you in on some key facts that may give you some perspective.

The world isn’t fair.The stock and bond markets aren’t logical.Things don’t always go how you want them to go.

The good news is that we are pretty much living in one of the greatest moments possible in terms of quality of life.Don’t believe me?Just read What A Time To Be Alive from Morgan Housel. It’s a great summation of how far we have come as a society over the last century.

Furthermore, the tide of rising markets, low interest rates, and low inflation have been beneficial to a large majority of the population, whether they want to acknowledge it or not.That doesn’t even account for medical advances, technology progress, and other innovations that enhance our comfortability and longevity.

There are always going to be people that will get on their soap box and tell you how they have the answer.They alone know exactly how the future will unfold and the best course of action for you to take.More often than not, these people are will over-promise and under-deliver.

My advice? Keep things in perspective.

The future is never as good or bad as you think it’s going to be.The past is never a perfect predictor for what is to come.A balanced mindset with a hint of optimism can have a truly beneficial impact on your quality of life and likely your investment returns as well.

Disclosure: None.

The views and opinions expressed herein are the views and opinions of the author and do not ...

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