For those of you that are Star Trek fans, no I am not referring to Khan the greatest villain of the series. I am referring to the very real and much older Genghis Khan. He ruled over most of Asia and even parts of the Middle East during his dynasty, which was predominantly during the early 1200’s. Khan was a brutal warlord that was very intelligent but his greatest attribute was his knowledge of human nature. Khan’s army was made up of mainly nomadic people that spent a lot of time hunting and gathering. These were not trained soldiers, but mainly very skilled hunters. He built a name for himself in battle by defeating larger armies that appeared to be more skilled than Khan and his band of hunters.
How did he manage that you might ask? They did it with the knowledge they had gained from the many years of hunting. Khan’s army learned a tactic while hunting of completely surrounding a herd of animals, but would leave a small opening. They would then frighten the herd by any means necessary. This would cause the herd to attempt to run through the small opening Khan and his men had left, believing it was an opening to safety. Unfortunately, this was not the case. It was an effective way of funneling the animals into a small area so that they could be more easily killed. This was the same tactic Khan employed thereby allowing them to defeat much larger armies and rule over so much of Asia.
“But, what does this have to do with investing?” We are in the midst of the “pull back” in the market that everyone has so anxiously been waiting for. However, at times it may feel like there is no hope and the market will plummet to nothing . This feeling is fed by the seemingly endless negativity of the financial news media that surrounds us. Inflation is coming! Tariffs will destroy us! Trade Wars! Any way you turn there is “news” about the impending doom. Yet, there is a small opening that may lead to safety. You could sell everything you own and wait for things to “calm down.” Certainly that is better than being surrounded by this constant danger?
Unfortunately, just like the armies that fought against Khan, the small opening that appears to provide safety is a cleverly designed trap. Those that are buying the investments you are selling are doings so while they are on “sale.” They can see through the noise that surrounds them and are unwilling to be driven into the trap being set. The overall economy is strong. Most companies are growing. Unemployment is testing record lows. Thus, I recommend we let Khan and his smaller army attempt to scare us into giving up our investments at cheap prices. The vast army of information suggests our future is bright so long as we have the courage and fortitude to stay the course. I am here standing shoulder to shoulder with you ready for the charge forward.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
