Revisiting FOMO

In a previous letter to clients we shared some thoughts on FOMO – that is the FEAR OF MISSING OUT. The last 3 months have had some odd financial outcomes; surprises to say the least. The old saying seems to hold true: “It is time in the market and not market timing that counts”.

Some trendy choices, commodities such as Gold (Silver don’t even get a mention), perhaps a share price of Tesla that tripled, or the broad US technology sector which went on the run, could easily make us experience FOMO.  Does that urge us to get in on the action?

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