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Want to Be A Better Investor? Tune Out the Noise
June 02, 2014 at 19:00 PM EDT
Cable TV. Social media. Even newspapers. With all the information swirling around us, it’s easy to get obsessed with watching the market’s gyrations. And it’s tempting to think you can outperform everyone else if you just listen closely enough. The truth is, most of what’s out there is just noise. Daily ups and downs are a fact of the markets. But you’re not investing for one day. Most people are investing to realize goals that are years, if not decades, down the road. And getting too wrapped up in how the markets will react to what’s going on in Ukraine at the moment, or the latest news out of Washington, is going to distract you from your life goals—like saving for your kids’ college fund or planning for retirement. Does this mean you should set up your portfolio one day and never look at it again? Of course not. It means […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Cable TV. Social media. Even newspapers. With all the information swirling around us, it’s easy to get obsessed with watching the market’s gyrations. And it’s tempting to think you can outperform everyone else if you just listen closely enough. The truth is, most of what’s out there is just noise. Daily ups and downs are a fact of the markets. But you’re not investing for one day. Most people are investing to realize goals that are years, if not decades, down the road. And getting too wrapped up in how the markets will react to what’s going on in Ukraine at the moment, or the latest news out of Washington, is going to distract you from your life goals—like saving for your kids’ college fund or planning for retirement. Does this mean you should set up your portfolio one day and never look at it again? Of course not. It means […]
