Skip to main content

Search TrendsNew Ads Appearances Podcasts API

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.

OnTrack with Milford

OnTrack with Milford

Milford on The Hits: 26 Aug 2026

Aug 26, 2026 · 3 min · 5 segments

What markets tell us historically Looking back, history tells us that markets never move in a straight line – there’s always volatility and challenges. Milford Wealth Management Adviser Jas Gill…

What markets tell us historically Looking back, history tells us that markets never move in a straight line – there’s always volatility and challenges. Milford Wealth Management Adviser Jas Gill talks with PJ and Matty from The Hits about some key things investors should focus on when investing for the long-term – including two top tips to hold tight during market volatility. This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change. Milford Funds Limited is the issuer of the Milford KiwiSaver Plan and the Milford Investment Funds. Please read the relevant Milford Product Disclosure Statement at milfordasset.com. Before investing, you may wish to seek financial advice. The disclosure statements of all Milford Financial Advisers contain more information and are available for free on request. For more information and to see our Financial Advice Provider Disclosure statement, please visit milfordasset.com/getting-advice

What markets tell us historically Looking back, history tells us that markets never move in a straight line – there’s always volatility and challenges. Milford Wealth Management Adviser Jas Gill…

Speakers: Jas GillGuestPJHostMattyHost

Spotify Apple Podcasts YouTube Amazon Music Website

Top entities: Milford Funds Limited Milford Asset Management, LTD

Show signals: SuitabilitySafeBiasNot politicalAudience≈6k followers

What Market History Teaches Investors0:21 – 1:55

P

PJHost

0:21

And I guess when we look back over the past hundred years, what does market history tell us? I

0:27

think the key lesson is that markets have never really moved in a straight line.

0:31

We've seen wars, we've seen recessions, inflation shocks, crashes and then recovery.

0:36

So there's been a lot of challenges over time.

0:39

But markets have rewarded long-term patient investors.

0:43

Mm-hmm.

0:43

Over the short term, however, things can feel quite dramatic.

0:47

But history shows investing for the long term and staying focused on the bigger picture has typically paid off.

0:54

So it is normal for markets to have bad years then? Yes, absolutely.

0:59

Look, market downturns should not come as a surprise to investors.

1:04

It's very much a part of investing.

1:06

Looking at long term history again, it's completely normal to see negative months or even years.

1:13

It's important to not see falls as a sign that something's broken or something's gone wrong and remain focused on your long term goals.

1:21

Volatility is completely normal.

1:23

Investors should expect it from time to time.

P

PJHost

1:26

Okay, so looking to the other side after a big market has fallen, what tends to happen after that?

1:32

That's quite interesting, actually.

1:34

Some of the strongest gains have come after the toughest periods.

1:38

And that's why panic selling can be so damaging.

1:40

If you sell out after a market drop, you risk missing out on the recovery.

1:46

So it's important that you don't try and pick the bottom.

1:49

Just have a plan and a plan that helps you stay invested through the ups and downs.

Milford Funds LimitedCompanyCompany
75%1 mention
Milford Asset Management, LTDCompanyCompany
25%1 mention

Long-term InvestingFinance > Investing > Market History
Investment StrategiesFinance > Investing > Market History > Long-term Investing
Market RecoveryFinance > Market Trends > Market Volatility
Investor BehaviorFinance > Market Trends > Market Volatility > Market Recovery
RecessionsEconomics > Market Dynamics > Economic Cycles
Market RecoveryEconomics > Market Dynamics > Economic Cycles > Recessions
Panic SellingFinance > Investor Psychology > Market Sentiment
Long-term GoalsFinance > Investor Psychology > Market Sentiment > Panic Selling
Market VolatilityFinance > Market Trends
Investor PsychologyFinance
Market TrendsFinance
Market SentimentFinance > Investor Psychology
Market DynamicsEconomics
Economic CyclesEconomics > Market Dynamics
Investment PlanningFinance
InvestingFinance
Portfolio ManagementFinance > Investment Planning
DiversificationFinance > Investment Planning > Portfolio Management
Market HistoryFinance > Investing
Economics
Finance
Risk ManagementFinance > Investment Planning > Portfolio Management > Diversification

What Market History Teaches Investors0:21 – 1:55

P

PJHost

0:21

And I guess when we look back over the past hundred years, what does market history tell us? I

0:27

think the key lesson is that markets have never really moved in a straight line.

0:31

We've seen wars, we've seen recessions, inflation shocks, crashes and then recovery.

0:36

So there's been a lot of challenges over time.

0:39

But markets have rewarded long-term patient investors.

0:43

Mm-hmm.

0:43

Over the short term, however, things can feel quite dramatic.

0:47

But history shows investing for the long term and staying focused on the bigger picture has typically paid off.

0:54

So it is normal for markets to have bad years then? Yes, absolutely.

0:59

Look, market downturns should not come as a surprise to investors.

1:04

It's very much a part of investing.

1:06

Looking at long term history again, it's completely normal to see negative months or even years.

1:13

It's important to not see falls as a sign that something's broken or something's gone wrong and remain focused on your long term goals.

1:21

Volatility is completely normal.

1:23

Investors should expect it from time to time.

P

PJHost

1:26

Okay, so looking to the other side after a big market has fallen, what tends to happen after that?

1:32

That's quite interesting, actually.

1:34

Some of the strongest gains have come after the toughest periods.

1:38

And that's why panic selling can be so damaging.

1:40

If you sell out after a market drop, you risk missing out on the recovery.

1:46

So it's important that you don't try and pick the bottom.

1:49

Just have a plan and a plan that helps you stay invested through the ups and downs.

Sign up to see more

The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode

Create an account Already have an account? Log in

No account is needed to search Radar.