Markets are not really in uncharted territory

‍https://www.theglobeandmail.com/investing/investment-ideas/article-markets-are-not-really-in-unchartered-territory/

Click the link above to read the full article. It is not behind the pay wall, despite being a Globe and Mail article! An opinion piece from Ron Meisels, the president of Phases and Cycles Inc. and a long-time analyst, specializing in technical analysis.

Although the author has a technical analysis background, he does a great job of using a metaphorical road trip to compare to the trip investors take to their financial destinations. He references historical data to paint a better picture of where we might be in the market right now.

This quote in particular was one we wanted to highlight.

Rest calm. Stay the course and enjoy the ride. It does pay to do your homework, which clearly indicates that history is on our side.

We are here to help with your homework! Let us know if you have any questions, we would love to chat.

See below for more quotes and data from the article.

That same sort of precautionary approach should be applied to investing: just as you would not set out on a road trip without a map and some sort of timetable in mind, you ought not to embark on an investment strategy without a clear indication of where you are headed and how long the journey is likely to take.

Recent Historic Bull and Bear Markets:

• Bull: 1903 - 1929 (26 years); Bear: 1929 - 1942
• Bull: 1942 - 1966 (24 years); Bear: 1966 - 1974
• Bull: 1974 - 2000 (26 years); Bear: 2000 - 2009
• Bull: 2009 - ?

The article linked and mentioned above was last updated November 24, 2021 and written by Ron Meisels a Contributor at The Globe and Mail theglobeandmail.com.

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