How to Invest When Markets Are Making New All-Time Highs and the Review of the UBS Global Investment Returns Yearbook 2024
By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE
In this Episode, James Parkyn & François Doyon La Rochelle start by discussing what investors should be doing when markets are making new all-time highs.
For their second topic, they review the 25th edition of the UBS Global Investment Returns Yearbook 2024 Summary Edition.
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Read The Script:
1) INTRODUCTION:
François Doyon La Rochelle: You’re listening to Capital Topics, episode #65!
This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.
Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.
In this episode, we will discuss the following points:
In first topic, we discuss what investors should be doing when markets are making new all-time highs.
And next, in our second topic, we Review the UBS Global Investment Returns Yearbook for 2024
Enjoy!
2) UPDATE ON THE PERFORMANCE OF THE MAGNIFICENT SEVEN :
François Doyon La Rochelle:
In our first topic today, we will try to help our listeners deal with the anxiety brought on by the fact that markets are reaching new record highs. The headlines in the financial media are often alarming when this happens, suggesting that the markets have nowhere to go from here but down. Such headlines negatively impact investors’ emotional behaviors, influencing their decision-making process.
James Parkyn:
Indeed, François, this type of market often triggers questions from clients. On the one hand, clients are happy that the markets are up but on the other hand, they wonder if they should be selling assets to avoid the inevitable upcoming downturn. Also, when markets are making new highs, it is emotionally more difficult for investors to take the plunge and deploy new funds. These are typical investor behavioral challenges when markets are setting new highs, that often lead to mistakes that reduce their long-term returns. …Read More
Links:
- Investing at all-time highs by RBC Global Asset Management
- Global Investment Returns Yearbook 2024 | UBS Globalguide by UBS Investment Bank
- Episode #52 : The New Tax-Free First Home Savings Account FHSA — Capital Topics by James Parkyn & François Doyon La Rochelle
- Episode 38: Review of the Credit Suisse 2022 Global Investment Returns Yearbook — Capital Topics by James Parkyn & François Doyon La Rochelle