And they are:

1. Growth In value of asset
2. Rate of inflation
3. Volatility

Above is a pretty eloquent way of boiling down the 3 main factors you need to consider when selecting long term assets. Of course this assumes that the underlying asset is sound... But after that you just need to weigh up these three things

Many equate volatility for risk however these are distinct things. Volatility should be embraced where appropriate as the “price we pay for gains” and not avoided altogether. Of course this assumes that emotional factors/temprament dont come in to play. But I really feel many of these can be mitigated away by undersanding the underlying assets and how they move

Rate of inflation is not controlabe but what we CAN control is our asset selection. We must ensure that our assets outpace infaltion by the greatest rate possible or we are delaying retirement. Again, remember that this assumes the underlying asset is sound with much data to suggest contiuned long term growth

Its helpful to know the above lens as it can aid in decision making. It can reduce the seeming complextiy of a price chart down to its individual components. This allows us to cut through he noise and see what is really happening at a fundamental level.