We aren’t.<\/p>\n
There are more than enough experts to tell us what will and won\u2019t happen after the UK voted to leave the European Union. Many are the same voices\u2014only days ago\u2014who vehemently predicted a stay victory. Newspaper, radio and TV headlines speak of stock market declines around the globe; not an atypical reaction to such a surprise.<\/p>\n
What no one knows, even those who pretend that they do, what exactly will happen. One sure thing, though, markets dislike uncertainty. So remember that today\u2019s market action is not a function of insight or clarity about future events. More than likely it is fear of what might<\/em> happen.<\/p>\n Giving into fear is not a long-term investment strategy. The true economic and geopolitical outcomes from this referendum will be slow to unfold, potentially two years and three months. A rational and measured approach to properly assess where things stand is commonsense.<\/p>\n Leading up to Brexit, the market\u2019s strength afforded the chance to increase cash in anticipation of potential summer volatility. This puts us in the driver\u2019s seat now, with funds available for buying opportunities. Also, cash somewhat buffers the bumps and bruises the market may bring as it digests what Brexit means.<\/p>","protected":false},"excerpt":{"rendered":" We aren’t. There are more than enough experts to tell us what will and won\u2019t happen after the UK voted to leave the European Union. Many are the same voices\u2014only days ago\u2014who vehemently predicted a stay victory. Newspaper, radio and TV headlines speak of stock market declines around the globe; [\u2026]<\/span><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1121","post","type-post","status-publish","format-standard","hentry","category-investing"],"yoast_head":"\n