Scott Phillips

2 months ago | fool.com.au | Scott Phillips

Yes, it's me. Again. And yes, I'm here again for the reason you think: the US markets fell heavily on Friday night, our time (down about 6%), and the ASX futures suggest that we'll drop by a bit over 4% here, today. Sick of me yet? I hope not. I posted some thoughts about investing in times of volatility on Twitter this morning, and one follower generously replied: "Thank you. Much fretting re all this. Some reassurance is much appreciated" I don't blame them.

2 months ago | fool.com.au | Scott Phillips

Look, I'm going to keep this short. Which… is uncommon for me, and might be a relief for you. Two things:First, the ASX is down 1.5% right now, after the US markets fell almost 5% overnight. No, I didn't predict it, but I did write something yesterday in the wake of the tariff announcement and the fall in the US Futures yesterday afternoon. In the iconic words of the late Charlie Munger, 'I have nothing to add'. So, if you're worried about your portfolio, please have a read.

2 months ago | fool.com.au | Scott Phillips

Trump. Tariffs. Tantrums from stock markets. Yes, it feels like Groundhog Day. It's felt like Groundhog Day for weeks. But here we are. I've written about this before. I called it Russian Roulette with a bullet in every chamber. But let me cover it again, briefly: Yes, tariffs are stupid policy. And yes, for those asking who can't imagine an economic view divorced from politics, no matter the country or leader in question. They make things more expensive in the country that's applying the tariffs.

2 months ago | fool.com.au | Scott Phillips

So… it seems that The Motley Fool isn't about to enter the 'investment wearables' market after all. If you read yesterday's announcement about FoolFit™ – the wearable that zaps you every time you check your portfolio – and thought, "That sounds… extreme, but also kinda unlikely? You weren't alone. We had dozens of emails. But no orders. So, let's set the record straight: There is no FoolFit™. We are not developing a behaviour-modifying wrist zapper. And no, you can't invest in it.

2 months ago | fool.com.au | Scott Phillips

As is sometimes the case, I had already written something to be featured here today. And then, the US stock market fell 2.7%. (The Australian market hadn't opened when I wrote this. Futures suggest a fall of around 0.9% or so. We'll see, but won't change anything I've written, below.) Now, to be clear, I don't really care that the US market fell 2.7%. Not because I'm a masochist, but because these things happen, and I'm used to it.