Rachel Warren

I think it could get worse before it gets better.

I don't think we have seen even close to the end of this.

Yeah, I think those are really great points.

And I think it's important to remember that so many of these elements are beyond our control as retail investors.

It's really, really important to focus on what we can control and the efficiencies that we can build into our portfolio.

I mean, as investors, when you're hearing about oil prices swinging $30 at a day or headlines that seem to change every few hours, I think the really important thing is to remember the difference between noise and signals, right?

I mean, daily volatility is almost always noise, the market reacting to fear and uncertainty.

Rather than actual long-term damage to global businesses.

That doesn't mean that they're not going to be impacts.

These energy cost inputs, even if the war were to grind to a halt now, there will be some impact for that probably well into the end of the year.

And historically, these kind of whipsaws that we see in the market, they can feel overwhelming in the moment, no matter what industries you're invested in.

But they really do very rarely change the long-term trajectory of really productive quality companies.

You sort of think of your portfolio like a house.

A store might shake the windows today, but if the foundation, which is hopefully a diversified mix of quality assets, is solid, the house should still be standing long after the weather clears.

So again, really focusing on building a robust, profitable portfolio rather than trying to predict sort of the next chapter of what will happen in the market.

Another thing I'll add is that volatility can really provide long-term investors with opportunities to rebalance, to buy quality companies at a discount.

But again, really staying diversified, keeping that long-term mindset, it ensures that headlines don't derail the financial future you're trying to build.

The goal is not to time the market, but to spend enough time investing in the market over the duration of your investing journey to really let the power of growth outweigh any temporary spikes that you might see in your portfolio.

So TerraFab is a $25 billion joint venture between Tesla, SpaceX and XAI.

And Musk is framing it as, quote, the most epic chip building exercise in history.