Laurens Bensdorp

I’m sure you’ve kept an eye on the markets recently, and perhaps more so than normal.  It’s hard to open a newspaper, turn on the TV or go online without seeing breathless reporters exclaiming about “the biggest day ever” or “the worst day ever” or “a rare circuit breaker”, things none of them really understand. Or maybe they  do  understand, and they just don’t care.  Maybe they know  exactly  what’s going on, and they’re just junkies, like the kind who ride roller coasters or bungee-jump off bridges for thrills.  They’re addicted to the ‘high’ of being a part of something exciting and complicated that millions of people trust them to explain. You might be thinking I’m harsh, but have you heard anyone tell you that the market is currently trading where it was back in December of 2017?  That’s right...more than two years of volatility and ups and downs and you’re back to where you were, less all of the fees, account charges and taxes....