As outlined in Jim Parker's latest Outside the Flags commentary, 2012 has started much more positively for investment markets with all major asset classes followed by this firm showing gains for the first 2 months of the year. This is an obvious turnaround tofromthe doom and gloom seen in the last half of 2011.
We should not become too optimistic as markets have an awful habit of disappointing just when we think the worst is behind us, but what we can take away are two key reminders as to the fundamentals of investing:
- It's important to be patient and take a longer term approach, and
- Don't get caught up in the hype and emotion put out by the financial media and make knee jerk decisions either on the up or down side
Please find following Jim's full article.