{"id":2901,"date":"2020-03-25T16:56:01","date_gmt":"2020-03-25T16:56:01","guid":{"rendered":"https:\/\/www.buckinghamgate.co.uk\/?p=2901"},"modified":"2020-03-25T16:56:01","modified_gmt":"2020-03-25T16:56:01","slug":"comfort-reading-for-uncomfortable-times","status":"publish","type":"post","link":"https:\/\/www.buckinghamgate.co.uk\/blog\/comfort-reading-for-uncomfortable-times\/","title":{"rendered":"Comfort Reading For Uncomfortable Times"},"content":{"rendered":"<p>We are currently living through some interesting and unprecedented\u00a0times and it can be difficult to gain perspective when we are in the middle of a crisis.<\/p>\n<p>We have curated some articles and resources below that should allow for a more rational view of current events and this content will hopefully provide some reassurance for those of us who are struggling with the daily news feed at the moment.<\/p>\n<p><u><strong>Curated Resources<\/strong><\/u><\/p>\n<p><strong>1.\u00a0<\/strong><strong><a href=\"https:\/\/mcusercontent.com\/24accb29c338dd8d5efd02852\/files\/ae3d60c2-91bb-45b0-9cda-caf89e8f3343\/S_P_500_Crash_Recovery_Timings.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">S&amp;P 500 Crash Recovery Timings<\/a><\/strong><\/p>\n<p>This document shows the performance of the S&amp;P 500 since 1926 and, most importantly, the relative length of &#8216;bull&#8217; (positive) and &#8216;bear&#8217; (negative) markets. The good news is that bull markets tend to last much longer and generate much greater returns when compared to the relatively short-lived bear markets. To support this, you can also download our very own &#8216;How The Market Works&#8217; document\u00a0<a href=\"https:\/\/mcusercontent.com\/24accb29c338dd8d5efd02852\/files\/55036195-67ec-4616-833a-49395ae4ed5d\/How_The_Market_Works.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here.<\/a><\/p>\n<p><strong>2.\u00a0<a href=\"https:\/\/mcusercontent.com\/24accb29c338dd8d5efd02852\/images\/c6ccc2b4-0df4-4205-be6e-0aa7a4e47b13.jpg\" target=\"_blank\" rel=\"noopener noreferrer\">FTSE All Share Crash Recovery Timings<\/a><\/strong><\/p>\n<p>The theme here is the same as above. The key thing to note here is the shaded areas, which show the times of crisis or recession. Note how the stock market recovery often starts while the crisis is in full swing. For example, the 2nd World War lasted from 1939 to 1945, but the stock market\u00a0recovery\u00a0began in the middle of 1940 &#8211; almost 5 years\u00a0before\u00a0the end of the war. This same pattern can also be observed during the financial crisis in 2008\/09.<\/p>\n<p><strong>3.\u00a0<a href=\"https:\/\/mcusercontent.com\/24accb29c338dd8d5efd02852\/files\/2c8a92f4-2ff8-49e7-995b-03caa264d025\/when_doing_nothing_is_best.03.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Fidelity document on missing the best days in the market.<\/a><\/strong><\/p>\n<p>We have shared this document many times before, but the message holds true. If you miss the best few days in the market, even over a long period, you significantly damage your total returns. If we look back 15 years from now, it&#8217;s not hard to imagine many of the best days being in 2020 given the volatility of the market.<\/p>\n<p>In fact, yesterday (24th March 2020) is now on record as the 2nd best day in the history\u00a0of the FTSE 100. This just goes to show that the best days often come on the back of the worst.<\/p>\n<p><strong><u>Curated Articles<\/u><\/strong><\/p>\n<p>We have summarised some of the best new (and old) articles about investing in times of crisis.<\/p>\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/heres-how-the-stock-market-has-performed-during-past-viral-outbreaks-as-chinas-coronavirus-spreads-2020-01-22\" target=\"_blank\" rel=\"noopener noreferrer\"><u>Stock Market performance in previous outbreaks<\/u><\/a><\/p>\n<p><a href=\"https:\/\/www.mavenadviser.com\/50years\/?utm_sq=g61ucuzif1\" target=\"_blank\" rel=\"noopener noreferrer\"><u>50 Previous &#8216;Crash&#8217; Events that the market has ignored<\/u><\/a><\/p>\n<p><a href=\"https:\/\/www.collaborativefund.com\/blog\/well-get-through-this\/\" target=\"_blank\" rel=\"noopener noreferrer\"><u>We Will Get Through This<\/u><\/a><\/p>\n<p><a href=\"https:\/\/jlcollinsnh.com\/2012\/04\/19\/stocks-part-ii-the-market-always-goes-up\/\" target=\"_blank\" rel=\"noopener noreferrer\"><u>The Market Always Goes Up<\/u><\/a><\/p>\n<p><strong><u>Recommended Reading<\/u><\/strong><\/p>\n<p>If you are looking for something more substantial to fill a day at home, we would strongly recommend the following book:<\/p>\n<p><a href=\"https:\/\/www.amazon.co.uk\/Factfulness-Reasons-Wrong-Things-Better\/dp\/1473637465\" target=\"_blank\" rel=\"noopener noreferrer\">Factfulness<\/a>\u00a0&#8211; By Hans Rosling<\/p>\n<p>We have suggested this before, but this has to be our number one recommendation for those wanting to gain perspective on seemingly extreme events and the way that the media report on them. An essential read for every human being on the planet.<\/p>\n<div><em><strong>The Financial Conduct Authority does not regulate Estate Planning, Tax Planning, Will Writing, Trust Advice, or some elements of Automatic Enrolment.<br \/>\nThis communication is for general information only and is not intended to be individual advice. It represents our understanding of Law and HM Revenue &amp; Customs\u2019 practice. You are recommended to seek competent professional advice before taking any action.<\/strong><\/em><\/div>\n<p><em><strong>Please note that investments can fall as well as rise and any income generated by an investment can fluctuate over time.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are currently living through some interesting and unprecedented\u00a0times and it can be difficult to gain perspective when we are in the middle of a crisis. We have curated some articles and resources below that should allow for a more rational view of current events and this content will hopefully provide some reassurance for those&#8230;  <a class=\"excerpt-read-more\" href=\"https:\/\/www.buckinghamgate.co.uk\/blog\/comfort-reading-for-uncomfortable-times\/\" title=\"ReadComfort Reading For Uncomfortable Times\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,9,5],"tags":[],"class_list":["post-2901","post","type-post","status-publish","format-standard","hentry","category-financial-planning","category-media","category-news","wp-sticky"],"_links":{"self":[{"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=2901"}],"version-history":[{"count":0,"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2901\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buckinghamgate.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}