Are you a fan of the hit TV series The Walking Dead on the cable TV channel AMC? The popular American horror show, based on the comic book series of the same name and already renewed for a sixth season, first made its appearance in 2010. Viewers follow the fictional character Rick Grimes, a sheriff’s deputy who is faced with the task of surviving in a Zombie-filled apocalyptic environment. So what does The Walking Dead have in common with the stock market? Zack Shepard gave us his take on a recent episode of After The Bell.
Zack Shepard of Matson Money recently appeared as a guest on the Fox Business channel show. The co-host of the show raised some concerns people are having about the value of the dollar bill, noting that some worry that the job market as well as the financial troubles in Greece could negatively affect it. This leads to the question: are investors panicking too much?
Shepard answered the question with an analogy to The Walking Dead TV show. He noted that trying to predict how the dollar will perform in the future is like trying to predict which character in The Walking Dead will turn into the next zombie: you can’t figure it out. Since trying to predict the market is inherently impossible, it is an exercise in futility. Shepard went on to explain that investors can actually lose money trying to predict what will happen in the market.
Instead, Matson Money recommends that investors keep calm, own a well-diversified portfolio, focus on the long-term and avoid predictions. Of course, investors should keep in mind that this is a suggestion from the Matson team and that no investment strategy can guarantee future results. See more of the After The Bell segment by watching the video!