Prosperous business people and investors are learning hard lessons in today’s markets and economies about the difference between possessing wealth versus liquidity. Understanding and managing risk as the world is trying to emerge from a pandemic and recession has never been harder. Never before has discerning between risk and uncertainty been more difficult and yet vital.
Clinging to survival on the sidelines by holding your entire portfolio in cash is not sensible in a low-interest-rate environment. Avoiding investing in equities because you think you’ve missed a market peak or trough is frustrating in a market that persists on setting record highs and returning to them despite horrific economic news. The humiliating hazards of competing against a financial bubble lies in its habit of making fools of people who are in it and then sell too early, or others who missed it by being too timid to get invested.
It looks confusing as markets appear clueless in pricing risk. Welcome to 2020, where there’s no mass audience, no investment consensus. Everyone’s quarantining at home, deep in their own mental silos unable to discern global trends.
Today’s avalanche of data, information and advice streams effortlessly through your mobile devices. Then, hordes of financial advisers, friends and private bankers make it all too easy for you to avoid cultivating your own thoughts, actions and decisions – all relative to your personal risk preferences, life goals and ambitions.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Sailing Into A Dream
Scenes from the fantasy feature Game of Thrones come to life in the otherworldly landscapes of the Arctic Circle.
Here Come The Sun Seats
Italian furniture has long held the crown for blending luxurious, sophisticated design with impeccable craftsmanship.
ABSOLUMENT FAB
France's premier fair for fine-art and antiques returns for its third edition inside its new home in the Grand Palais.
Through the Director's Lens
Filmmaker JIA ZHANGKE and his protégé RAFAEL MANUEL share their perspectives on life, cinema and their current projects.
THE CUTTING EDGE
Having long played quiet supporting roles in the gem industry, gem cutters are finally having their day in the sun. Four acclaimed independent master gem cutters share more about their love of the craft and the creation of their best pieces.
Spheres of Power
Following up on the gold- and titanium-focused Tiffany Titan by Pharrell Williams launch collection, the superstar now turns to pearls for a softer, but no less striking, second act.
Horological Masterpieces Reimagined
Beyond the wrist, these timekeepers transcend all traditional boundaries.
WILD IMAGINATION
Cartier's latest category-spanning Panthère de Cartier novelties showcase the endless ways in which the panther continues to inspire.
READY FOR ACTION
The latest watch to come from the celebrated Richard Mille and McLaren partnership looks set to be another trailblazing timepiece.
THE RIGHT ANGLES
Twenty-five years after the launch of its last new collection, Twenty-4, Patek Philippe introduces the Cubitus range.
