In theory, most of us know that market corrections can be healthy and in fact are vital to sustaining a longer bull market.

I think one of the best quotes by Sir John Templeton was “The four most dangerous words in investing are ‘this time it’s different’.”

In recent weeks, there has been increasing chatter over rising interest rates and the risks they may pose to bond investors, financial markets, housing and the economy in general. The media has been fanning the flames for the most part, stoking anxiety among some investors. After all, bad news sells.

It’s literally a laugh out loud one if you haven’t seen it – and if you have seen it the dagger question – have you applied its lesson?