The stock market is EXACTLY where it is at the moment you’re reading this based on ALL AVAILABLE INFORMATION in the world. If you are watching the news and thinking “uh oh, this news looks bad a big crash must be coming”, you by definition have less information than the sum total of all information in the world. If we KNEW that a crash was coming, the market would have ALREADY ADJUSTED to that information.

It’s a tough humble pill to swallow because we all are living life through our own eyes and from our own perspectives. From what you’re seeing it seems like something MUST be coming down the pipe. But NO ONE knows where the market is going from here. The current price of the market has ALL of that information already priced in.

The converse is of course true too. If you think the market (or a single stock) is due for a huge record high. YOU MIGHT BE WRONG. NOBODY KNOWS what’s going to happen next.

So what do you do?! Don’t let your focus be on making some tricky moves to side step these macroeconomic happenings. Instead, ignore all that and focus on BUYING MORE SHARES. Price is high? Great, buy more shares. Price is low? Great, buy more shares. If you keep acquiring shares and ignoring the news, THAT is how you end up with a ton of shares and guaranteeing yourself to capitalize on the compound growth of the world’s economy.

I’ve been buying shares of the stock market for DECADES and I basically never sell. The few times I have hit the “sell” button had nothing to do with the news, it had to do with needs of my own personal life (like needing the money for a home down payment). I buy, buy, buy and plan to hold forever. That’s how rich people get rich.

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.

-Jeremy