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Time the Market at Your Risk. Money Not Math 122
Time the Market at Your Risk. Money Not Math 122
“However, when it comes to investing and money management, my fear is that faster and easier ways of investing will allow people to lose more money faster and easier.”
“The purpose of having an investment plan is so you can relax. So you don’t look at the market every day, stressing out and asking, “How’m I doing? How’m I doing?” Investors actively trading are not just potentially missing out on the expected return of the market—they’re stressed out, worrying about how the news alert they just received will impact their long-term financial health, and whether they can or should do anything about it.”
“The financial services industry has not done a good enough job educating investors that the best approach for their long-term financial well-being is to make a plan, implement it, and stick with it.”
“Picking stocks is more like gambling than investing.”
Article quoted, “Time the Market at Your Peril” – David Booth Executive Chairman and Founder of Dimensional
#MoneyNotMath #5StoneFinancialGroup #Retirement #RetirementPlanning #investing #money #plan #RELAX #MarketTiming
Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.
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By Drew Erickson
5
11 ratings
Time the Market at Your Risk. Money Not Math 122
“However, when it comes to investing and money management, my fear is that faster and easier ways of investing will allow people to lose more money faster and easier.”
“The purpose of having an investment plan is so you can relax. So you don’t look at the market every day, stressing out and asking, “How’m I doing? How’m I doing?” Investors actively trading are not just potentially missing out on the expected return of the market—they’re stressed out, worrying about how the news alert they just received will impact their long-term financial health, and whether they can or should do anything about it.”
“The financial services industry has not done a good enough job educating investors that the best approach for their long-term financial well-being is to make a plan, implement it, and stick with it.”
“Picking stocks is more like gambling than investing.”
Article quoted, “Time the Market at Your Peril” – David Booth Executive Chairman and Founder of Dimensional
#MoneyNotMath #5StoneFinancialGroup #Retirement #RetirementPlanning #investing #money #plan #RELAX #MarketTiming
Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.