When in doubt, zoom out.
This is a simple yet powerful phrase that I strongly believe more people should remind themselves of on a more frequent basis, and especially during challenging times. This goes two fold for us as investors, who are constantly being bombarded by fear inducing headlines likes the ones suggesting that we are on the brink of World War 3.
But now lets take all of the sensationalism out of it, and simply go over the facts as well as the potential implications of different scenarios playing out..
Black Swan Event: Russia vs. Ukraine
So there’s no question that tensions have been running high between Russia and Ukraine, and the probability of a full blown war breaking out has unquestionably increased drastically over the past week. On the other hand, just a few hours ago the President of Ukraine addressed the Russian people in Russian…
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