Key points covered
- Investment decisions should not be based on one moment of political or market uncertainty.
- A five- to ten-year view is more useful than reacting to short-term events.
- Established companies with low debt and reliable income may be better placed to withstand difficult conditions.
- Gold may have a role, but its appeal could change if it became part of the official monetary system again.
- Long-term returns are more likely to come from profitable businesses that generate income.
- Geopolitical events may affect equity markets in the short term, but investors should avoid making decisions based on fear alone.