InvestNow News – 16th Jan 20 – Fisher Funds – Music playlist of investment chart toppers 2019
It was a wonderful year to be an investor. Markets were strong. A number of individual companies were even stronger, enabling well-positioned investors to generate meaningful returns.
As I look back on the year there are successes to celebrate, lessons to learn and themes that we all need to think about as we head towards 2020.
Being a teenager in the 80’s, this is my mix tape recording the top 5 investment hits of the year. Thankfully, they are also on Spotify. It might be time to introduce your children to some timeless music.
#5 Don’t Worry Be Happy – Bobby McFerrin
Every year there are worries that assail investors. 2019 had more than its fair share.
We started the year fresh from a dramatic slump in markets in the last quarter of 2018. Investors were nervous. Trade wars, slowing economic growth and falling interest rates all hit the headlines. Investors were still nervous. These worries turned out to be unfounded
Markets in 2019 have been very strong. For the year to December 31 the US share market has risen by 31.5 percent in US dollar terms, the Australian share market by 25 percent and New Zealand 31.6 percent.
Not only have shares been strong but investments in property and in fixed income markets have also reaped healthy rewards for investors. 2019 will be a year to remember.
There is a lesson here. Often the things that worry us most don’t turn out to be as bad we expect – in fact we often lose out in markets waiting for this expected bad event to happen. The things we should worry about, perversely, are the things we don’t expect.
In general, time and economic growth are great investment partners. A little patience and we can make them work for us. Don’t worry and you will be happy.
#4 Turning Japanese – The Vapors
The theme of the world turning Japanese has been an economic phenomenon talked about for years. In 2019, it happened …