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The artificial intelligence (AI) capex boom provided an important boost to global economic activity, offsetting some of the drag from elevated oil prices. It has certainly driven stock markets higher, although the list of beneficiaries seems to be narrowing.
Clients who want to maximise their investment and retirement fund balances should make ‘time in the markets’ their lifetime investment mantra, while treading carefully around what investment guru Sir John Templeton once described as the four most dangerous words in investing: ‘this time is different’.
As an adviser reading this article, which discipline do you find most important for retirement planning?