Another War in the Middle East Poses a Trap To Disciplined Investors

Over the last week, we’ve heard many stories and predictions that remind us of events that have happened in the Middle East in recent history. When the news gets this big, even the most disciplined investors are tempted to respond to current events and make an emotional investing decision. Today, Paul and Evan read an article arguing that a real democratic revolution in Iran seems impossible until it happens. Listen along as these two advisors share why making investment decisions based on current events is a trap and how confident investors are humble enough to live with uncertainty, avoid market timing, and emerge on the other side.   Later in the episode, Evan discusses his research on the worst wars of the last 100 years and the market growth that occurred during those years, asking, “What happened to the people who went to cash knowing that war was coming?” Evan and Paul want you to know that people who are trying to get you out of the market right now don’t understand how wars affect companies.   Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.   This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.