Investment Views

Mark Mobius is the executive chairman of Templeton Emerging Markets Group.  He recounts that day he attended a conference in Canada with the late John Templeton.  He was asked by a young lady in the audience: “I’ve just inherited some money from my grandfather. When is the best time for me to invest it?” Templeton replied: “Young lady, the best time to invest is when you have money.”  Why is this a good answer?  Because nobody rings a bell when there is a buying opportunity.  In fact, the opposite is usually the case.

Investing during a bear market is easier said than done, and I readily admit it’s psychologically a very difficult thing to do. It requires you to look beyond the immediate bad news and toward a potential future recovery. If all your friends and neighbors are giving up on their stock market investments, it’s very easy to be swayed to do the…

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