{"id":8108,"date":"2022-03-08T10:57:38","date_gmt":"2022-03-08T09:57:38","guid":{"rendered":"https:\/\/estably.com\/speculators-lose-long-term-investors-win\/"},"modified":"2024-06-11T09:53:38","modified_gmt":"2024-06-11T07:53:38","slug":"speculators-lose-long-term-investors-win","status":"publish","type":"post","link":"https:\/\/estably.com\/en\/speculators-lose-long-term-investors-win\/","title":{"rendered":"Speculators lose, long-term investors win"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8108\" class=\"elementor elementor-8108 elementor-7232\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-36b50c9e elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"36b50c9e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-38c287d7\" data-id=\"38c287d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c950f4b elementor-widget elementor-widget-heading\" data-id=\"7c950f4b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-medium\">Estably Blog<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e37d4bb elementor-widget elementor-widget-heading\" data-id=\"e37d4bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-xl\"><b>Who speculates loses - <\/b><br><b>who invests for the long term wins<\/b><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e29905d elementor-widget elementor-widget-heading\" data-id=\"e29905d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">8 March | Tips<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-14f4deca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"14f4deca\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5763720\" data-id=\"5763720\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-409467a elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"409467a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" role=\"button\" tabindex=\"0\" aria-label=\"Share on email\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fas fa-envelope\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7dca8731 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7dca8731\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-456300d0\" data-id=\"456300d0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2909a964 elementor-widget elementor-widget-text-editor\" data-id=\"2909a964\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>It&#8217;s no secret &#8211; those who invest in stocks over a sufficiently long period of time not only achieve positive, but better returns than with bonds, precious metals or time deposits.<\/strong><\/p>\n<p><strong>Despite this proven fact, many investors get nervous as soon as the stock market drops. The consequences are sudden doubts about the chosen strategy, panic selling or attempts to time the market. However, those who exit prematurely deprive their assets of the opportunity to profit from the long-term strength of the stock markets.<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95453ff elementor-widget elementor-widget-text-editor\" data-id=\"95453ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>In this article you will learn,<\/strong><\/p>\n<ul>\n<li>how successfully stocks perform in the long term,<\/li>\n<li>why many investors still sell early, and<\/li>\n<li>what you can do to avoid making the same mistakes.<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2e26ff88 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e26ff88\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-551d581a\" data-id=\"551d581a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-768c1a9b elementor-widget elementor-widget-heading\" data-id=\"768c1a9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">It's a marathon, not a sprint<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61dcb0fd elementor-widget elementor-widget-text-editor\" data-id=\"61dcb0fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Anyone investing in shares to <strong>speculate on short-term gains can expect a high fluctuation bandwidth.<\/strong> Over the last 70 years, equities have achieved an impressive +47% return in the best 12-month period, while the weakest 12-month period saw a loss of -39% (see chart below &#8211; this shows the maximum ranges in each limited period).<\/p>\n<p>This <strong>volatility decreases significantly over a longer investment period.<\/strong> Those who held on to their equity investments for at least 5 years only fluctuated between -3% and +28%.<\/p>\n<p>And anyone who has invested in equities for 20 years at any time in the last 70 years has always left the trading floor as a winner with an annual positive performance of at least +6% to a maximum of +17%. This corresponds to an average annual performance of +11.5%. <strong>An initial investment of \u20ac100,000<\/strong> would have resulted in an impressive \u20ac880,000 over a 20-year period.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f88c618 elementor-widget elementor-widget-image\" data-id=\"f88c618\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"675\" height=\"542\" src=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/jpm-graphik-deutsch-1.png\" class=\"attachment-large size-large wp-image-8076\" alt=\"Aktien Schwankungen\" srcset=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/jpm-graphik-deutsch-1.png 675w, https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/jpm-graphik-deutsch-1-300x241.png 300w\" sizes=\"(max-width: 675px) 100vw, 675px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Ranges of short- and long-term returns of shares over rolling periods of 1\/5\/10\/20 years. Data provider is the U.S. stock index S&amp;P 500 with figures from the last 70 years. Source: own presentation based on JP Morgan<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10ade94d elementor-widget elementor-widget-text-editor\" data-id=\"10ade94d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <strong>Estably return triangle<\/strong> paints a similarly positive picture for equities. It shows the quarterly performance of our Modern Value 100 portfolio in all entry and exit scenarios since 2016.<\/p>\n<p>At first glance, it is clearly visible that shades of green predominate &#8211; <strong>the stronger the green, the higher the returns.<\/strong> Only occasionally, and usually only for short investment periods, do you find red fields with negative performance.<\/p>\n<p>Don&#8217;t be put off by the large number of figures in this chart. To play through different scenarios, <strong>simply select an entry point on the vertical Y-axis and a sell point on the horizontal X-axis.<\/strong> The box that combines your two entries contains the annual return that you would have achieved with shares over the period (click on the image to enlarge it).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c27b3eb elementor-widget elementor-widget-image\" data-id=\"c27b3eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"Renditedreieck-2024\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NjQ5NTQsInVybCI6Imh0dHBzOlwvXC9lc3RhYmx5LmNvbVwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyMlwvMDNcL1JlbmRpdGVkcmVpZWNrLTIwMjQuanBnIn0%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024-1024x576.jpg\" class=\"attachment-large size-large wp-image-64954\" alt=\"Estably Renditedreieck 2024\" srcset=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024-1024x576.jpg 1024w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024-300x169.jpg 300w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024-768x432.jpg 768w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024-1536x864.jpg 1536w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Renditedreieck-2024.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">(Click on the image to enlarge)<br>Estably return triangle with performance data (before costs and taxes) of the Modern Value 100 portfolio. Performance data prior to 2020 based on back calculations of the model portfolios. Status: March 2024<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34fa94be elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34fa94be\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2bd439aa\" data-id=\"2bd439aa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d26fcb6 elementor-widget elementor-widget-heading\" data-id=\"3d26fcb6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">Uncertainties due to setbacks<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bd19c83 elementor-widget elementor-widget-text-editor\" data-id=\"1bd19c83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>While most investors keep a cool head during the day-to-day fluctuations on the stock markets, the <strong>first doubts<\/strong> start to surface during prolonged setbacks. These are <strong>supported by media reports<\/strong> and gloomy forecasts from so-called crash prophets.<\/p>\n<p><strong>What you need to know:<\/strong> setbacks during the year (even in the double-digit range) are completely normal and are no cause for concern. Over the last 44 years, the S&amp;P 500 Index has fallen by an average of -14.2% during the year. <strong>In 33 of the 44 years, however, the stock market year ended on a positive note.<\/strong><\/p>\n<p>The following chart illustrates how often a stock market year still ends positively despite lows during the year. The red dots represent the low points in the respective year, while the bars indicate the return at the end of the year.<\/p>\n<p><em>Example: in the course of 1980, the markets fell by -17% in the meantime, but at the end of the year the performance was positive at +26%.<\/em><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-609065a elementor-widget elementor-widget-image\" data-id=\"609065a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Unterjaehrige-Verluste-Maerz-2024-JPM-Guide-to-Markets-1.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"Unterj\u00e4hrige-Verluste-M\u00e4rz-2024---JPM-Guide-to-Markets\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NjQ5NTIsInVybCI6Imh0dHBzOlwvXC9lc3RhYmx5LmNvbVwvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyMlwvMDNcL1VudGVyamFlaHJpZ2UtVmVybHVzdGUtTWFlcnotMjAyNC1KUE0tR3VpZGUtdG8tTWFya2V0cy0xLnBuZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"495\" src=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Unterjaehrige-Verluste-Maerz-2024-JPM-Guide-to-Markets-1-1024x634.png\" class=\"attachment-large size-large wp-image-64952\" alt=\"Unterj\u00e4hrige Verluste und Performance am Jahresende, SP500, JPM Guide to Markets\" srcset=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Unterjaehrige-Verluste-Maerz-2024-JPM-Guide-to-Markets-1-1024x634.png 1024w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Unterjaehrige-Verluste-Maerz-2024-JPM-Guide-to-Markets-1-300x186.png 300w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Unterjaehrige-Verluste-Maerz-2024-JPM-Guide-to-Markets-1-768x476.png 768w, https:\/\/estably.com\/wp-content\/uploads\/2022\/03\/Unterjaehrige-Verluste-Maerz-2024-JPM-Guide-to-Markets-1.png 1438w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><br>Source: J.P. Morgan Asset Management. Status of the data: 31 March 2024.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a745790 elementor-widget elementor-widget-text-editor\" data-id=\"a745790\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There are a wide variety of reasons for stock market setbacks, some more justified than others. But all setbacks have <strong>one thing in common<\/strong>: they are linked to investors&#8217; worries.<\/p>\n<p>Depending on the strength of the setbacks, these worries change until at some point investors only fear about further price drops\u00a0and the original reason has moved far into the background. Setbacks of this kind tend to be <strong>short-lived<\/strong>, as they are not associated with an economic crisis (e.g. financial crisis in 2008) or the bursting of a bubble (e.g. dot-com bubble in the early 2000s).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1aa5fd20 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1aa5fd20\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28865f6b\" data-id=\"28865f6b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a02ad2b elementor-widget elementor-widget-heading\" data-id=\"7a02ad2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">Why do investors find it difficult to stay invested over the long term?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a1ae7a elementor-blockquote--skin-quotation elementor-blockquote--align-right elementor-widget elementor-widget-blockquote\" data-id=\"6a1ae7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\t\u00abThe stock market is a device for transferring money from the impatient to the patient.\u00bb\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Warren Buffett, Value Investor<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7aeaec16 elementor-widget elementor-widget-text-editor\" data-id=\"7aeaec16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Many investors lack the <strong>patience and confidence<\/strong> to stay invested in the long term during bumpy times. Those who want to remain calm during these phases should consider a few important factors even before investing:<\/p>\n<p>&nbsp;<\/p>\n<p><strong>1. invest the &#8220;right&#8221; amount<\/strong><\/p>\n<p>If market fluctuations turn you into a nervous wreck who checks stock market prices several times a day, you should ask yourself whether you have <strong>invested too much in shares<\/strong>. After all, those who take on more risk than they can bear are more susceptible to sleepless nights and knee-jerk reactions.<\/p>\n<p>During the application process for Estably, we ask you about your financial situation and your investment horizon. We do not offer an investment period of fewer than 5 years, as this becomes too speculative. If you invest assets that <strong>you can do without for the next five, or better ten years,<\/strong> you will remain calm even during weaker stock market phases.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>2. internalize the investment strategy<\/strong><\/p>\n<p>If you understand an investment strategy and trust it 100%, you hardly run the risk of selling your portfolio in bad phases by acting rashly. Regardless of whether you invest broadly in the markets using ETFs or we pick out individual stocks for you with our value investing strategy &#8211; <strong>the more convinced you are of your chosen strategy,<\/strong> the easier it will be for you to stick to it even during a bear market.<\/p>\n<p>On our website and in our information brochure we try to explain the cornerstones of our value-investing strategy in an understandable way. For more detailed information, please do not hesitate to contact us by phone or e-mail.<\/p>\n<p><strong>Besides:<\/strong> Do you know how we can tell that our clients have internalized our value-investing strategy? When stock market prices fall, a value investor thinks about increasing, not selling, his portfolio. Because in most cases, high-quality companies are then available at bargain prices!<\/p>\n<p><strong>3. your mind plays tricks on you<\/strong><\/p>\n<p>Especially in the case of major setbacks, there is a great danger of questioning the chosen investment strategy and selling the securities. While these thoughts never arise in positive stock market years, they are more present in more difficult times. This is where our psyche plays tricks on us. Behavioral researchers estimate that <strong>financial losses hurt twice as much as gains bring pleasure.<\/strong> According to the &#8220;loss aversion theory&#8221;, it is more important for an investor not to suffer a loss than to make a profit.<\/p>\n<p>In addition, there is the so-called <strong>&#8220;anchor effect&#8221;<\/strong>. Through past performance or benchmark figures, you unconsciously set expectations for short-term future returns. However, we have already shown you how these can fluctuate. What counts, in the end, are the average values distributed over many years!<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4dcb17 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4dcb17\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ce0a259\" data-id=\"ce0a259\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-43a8f6f elementor-widget elementor-widget-heading\" data-id=\"43a8f6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">How you can succeed investing long-term<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2988b7b elementor-widget elementor-widget-text-editor\" data-id=\"2988b7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWe want the best for your assets. With our long-term value investing strategy, this means <strong>sticking with it long enough<\/strong> to reap the rewards of this investment philosophy.\r\n\r\nTo avoid the temptation of unnecessarily reducing your assets through rash behavior, you can take <strong>the following measures<\/strong>:\r\n<ul>\r\n \t<li>In line with your risk, <strong>only invest the assets<\/strong> that you can do without for at least five, preferably ten years.<\/li>\r\n \t<li>Internalize our <strong>investment strategy<\/strong> and contact us if you have a<strong>ny questions about our strategy.<\/strong><\/li>\r\n \t<li>Share prices on the stock market fluctuate strongly, but outperform other asset classes in the long term (see <a href=\"https:\/\/www.credit-suisse.com\/about-us-news\/en\/articles\/media-releases\/credit-suisse-global-investment-returns-yearbook-2021-202103.html\">Credit Suisse Global Investment Returns Yearbook 2021).<\/a><\/li>\r\n \t<li>Don&#8217;t let looking at your portfolio too often drive you crazy.<\/li>\r\n \t<li>Don&#8217;t waste time with <strong>&#8220;ifs, ands and buts&#8221;<\/strong> &#8211; nobody has a crystal ball to predict the future. Trust in the long-term development of your company investments.<\/li>\r\n \t<li>Don&#8217;t try to find suitable <strong>entry and exit points<\/strong> through supposedly &#8220;smart&#8221; trading. The vast majority of investors have the same ideas as you, i.e. you would be swimming with the crowd at the wrong time.<\/li>\r\n \t<li>A <strong>chart<\/strong> tells you nothing about the right entry or exit time.<\/li>\r\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e8d55e elementor-widget elementor-widget-text-editor\" data-id=\"6e8d55e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Are you ready<\/strong> to invest long-term?<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a4fcd9 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"8a4fcd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/secure.estably.com\/register\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Start onboarding<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-20837c73 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"20837c73\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d7b1392\" data-id=\"3d7b1392\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3a4218bd elementor-author-box--layout-image-left elementor-author-box--align-center elementor-widget elementor-widget-author-box\" data-id=\"3a4218bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-author-box__bio\">\n\t\t\t\t\t\t<p>Estably is the first Liechtenstein-based digital asset management firm to offer world-class asset management through a blend of technology and human investment expertise. Thanks to the portfolio managers\u2019 many years of experience in the field of value investing, the aim is to achieve above-average returns \u2013 starting at an investment sum of \u20ac 20,000. The aim is to make professional asset management, which was previously possible exclusively for major investors, accessible to everyone \u2013 in a convenient, transparent and profitable way.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5542500 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5542500\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a8c6113\" data-id=\"a8c6113\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-860a7fc elementor-widget elementor-widget-text-editor\" data-id=\"860a7fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Did you like this article? Share it!<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29f511a elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"29f511a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" role=\"button\" tabindex=\"0\" aria-label=\"Share on email\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fas fa-envelope\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6dc70e73 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6dc70e73\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-787e11f9\" data-id=\"787e11f9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d79d840 elementor-widget elementor-widget-heading\" data-id=\"4d79d840\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-large\">You might also like these posts<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c7f05f0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"4c7f05f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77608b27 elementor-widget elementor-widget-heading\" data-id=\"77608b27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Finance Blog<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4d261755 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4d261755\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-71e7bf7d\" data-id=\"71e7bf7d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-580067f4 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-card-shadow-yes elementor-posts__hover-gradient elementor-widget elementor-widget-posts\" data-id=\"580067f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;pagination_type&quot;:&quot;numbers&quot;,&quot;cards_columns&quot;:&quot;3&quot;,&quot;cards_columns_tablet&quot;:&quot;2&quot;,&quot;cards_columns_mobile&quot;:&quot;1&quot;,&quot;cards_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;cards_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;cards_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.cards\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-cards elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-32184 post type-post status-publish format-standard has-post-thumbnail hentry category-asset-protection\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/estably.com\/en\/gold-attractive-and-everlasting-interview-with-andreas-wagner\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/12\/Gold-Estably-Interview--300x200.jpg\" class=\"attachment-medium size-medium wp-image-29707\" alt=\"Estably Gold Businesstalk Kudamm\" srcset=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/12\/Gold-Estably-Interview--300x200.jpg 300w, https:\/\/estably.com\/wp-content\/uploads\/2022\/12\/Gold-Estably-Interview--1024x683.jpg 1024w, https:\/\/estably.com\/wp-content\/uploads\/2022\/12\/Gold-Estably-Interview--768x512.jpg 768w, https:\/\/estably.com\/wp-content\/uploads\/2022\/12\/Gold-Estably-Interview--1536x1025.jpg 1536w, https:\/\/estably.com\/wp-content\/uploads\/2022\/12\/Gold-Estably-Interview-.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Asset protection<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/estably.com\/en\/gold-attractive-and-everlasting-interview-with-andreas-wagner\/\" >\n\t\t\t\tGold &#8211; Attractive and everlasting (Interview with Andreas Wagner)\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>In an interview with Businesstalk-Kudamm.de, Estably Managing Director Andreas Wagner explains his views on gold.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/estably.com\/en\/gold-attractive-and-everlasting-interview-with-andreas-wagner\/\" aria-label=\"Read more about Gold &#8211; Attractive and everlasting (Interview with Andreas Wagner)\" tabindex=\"-1\" >\n\t\t\tRead more \t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t30. January 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-7658 post type-post status-publish format-standard has-post-thumbnail hentry category-market-commentary\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/estably.com\/en\/uncertainties-lead-to-price-drops\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/marktkommentar-300x200.jpg\" class=\"attachment-medium size-medium wp-image-7618\" alt=\"Estably Marktkommentar\" srcset=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/marktkommentar-300x200.jpg 300w, https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/marktkommentar-1024x683.jpg 1024w, https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/marktkommentar-768x512.jpg 768w, https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/marktkommentar-1536x1024.jpg 1536w, https:\/\/estably.com\/wp-content\/uploads\/2022\/02\/marktkommentar.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Market Commentary<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/estably.com\/en\/uncertainties-lead-to-price-drops\/\" >\n\t\t\t\tMarket commentary: Uncertainties lead to short-term price drops\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Macroeconomic and geopolitical issues are resulting in uncertainties and leading to higher volatility on the capital markets.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/estably.com\/en\/uncertainties-lead-to-price-drops\/\" aria-label=\"Read more about Market commentary: Uncertainties lead to short-term price drops\" tabindex=\"-1\" >\n\t\t\tRead more \t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t21. February 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-28251 post type-post status-publish format-standard has-post-thumbnail hentry category-asset-protection category-guest-article\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/estably.com\/en\/guest-article-by-markus-miller-the-eu-europe-of-insolvency\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/10\/eu-flag-2108026-300x200.jpg\" class=\"attachment-medium size-medium wp-image-26760\" alt=\"EU Flagge\" srcset=\"https:\/\/estably.com\/wp-content\/uploads\/2022\/10\/eu-flag-2108026-300x200.jpg 300w, https:\/\/estably.com\/wp-content\/uploads\/2022\/10\/eu-flag-2108026-1024x683.jpg 1024w, https:\/\/estably.com\/wp-content\/uploads\/2022\/10\/eu-flag-2108026-768x512.jpg 768w, https:\/\/estably.com\/wp-content\/uploads\/2022\/10\/eu-flag-2108026-1536x1024.jpg 1536w, https:\/\/estably.com\/wp-content\/uploads\/2022\/10\/eu-flag-2108026.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Asset protection<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/estably.com\/en\/guest-article-by-markus-miller-the-eu-europe-of-insolvency\/\" >\n\t\t\t\tThe EU Europe of Insolvency (guest article by Markus Miller)\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>In this guest article, author and economic expert Markus Miller warns of impending insolvency and calls on investors to act responsibly and rationally.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/estably.com\/en\/guest-article-by-markus-miller-the-eu-europe-of-insolvency\/\" aria-label=\"Read more about The EU Europe of Insolvency (guest article by Markus Miller)\" tabindex=\"-1\" >\n\t\t\tRead more \t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t15. November 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<div class=\"e-load-more-anchor\" data-page=\"1\" data-max-page=\"9\" data-next-page=\"https:\/\/estably.com\/en\/wp-json\/wp\/v2\/posts\/8108\/page\/2\/\"><\/div>\n\t\t\t\t<nav class=\"elementor-pagination\" aria-label=\"Pagination\">\n\t\t\t<span aria-current=\"page\" class=\"page-numbers current\"><span class=\"elementor-screen-only\">Page<\/span>1<\/span>\n<a class=\"page-numbers\" href=\"https:\/\/estably.com\/en\/wp-json\/wp\/v2\/posts\/8108\/page\/2\/\"><span class=\"elementor-screen-only\">Page<\/span>2<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/estably.com\/en\/wp-json\/wp\/v2\/posts\/8108\/page\/3\/\"><span class=\"elementor-screen-only\">Page<\/span>3<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/estably.com\/en\/wp-json\/wp\/v2\/posts\/8108\/page\/4\/\"><span class=\"elementor-screen-only\">Page<\/span>4<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/estably.com\/en\/wp-json\/wp\/v2\/posts\/8108\/page\/5\/\"><span class=\"elementor-screen-only\">Page<\/span>5<\/a>\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>It&#8217;s no secret &#8211; those who invest in shares over a sufficiently long period of time achieve not only exclusively positive, but better returns than with bonds, precious metals, time deposits &#038; Co.<\/p>\n","protected":false},"author":2,"featured_media":8111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[25],"tags":[],"class_list":["post-8108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Speculators lose, long-term investors win - Estably<\/title>\n<meta name=\"description\" content=\"Anyone who invests in shares over a sufficiently long period of time achieves better returns than with bonds or bills. 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