Future economic circumstances are reflected in current market prices. Investing based on today’s news can almost be a year (or more) too late.

While negative returns are part and parcel of investing, it happens less often than you think. The past four years are actually very representative of how markets work in general — positive returns 75% of the time, and losses, 1 out of 4 times.

All news is old news. Invest looking to the future, rather than base your decisions on outdated data.