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 Get used to mental discomfort if you want to beat the market

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Get used to mental discomfort if you want to beat the market  Vide
PostSubject: Get used to mental discomfort if you want to beat the market    Get used to mental discomfort if you want to beat the market  Icon_minitimeWed Dec 27, 2017 5:47 pm

Investing can be uncomfortable. Unless you're the sort of person who enjoys (financial) roller coasters, the seemingly endless jumps and dives can be stressful. And that's when they're actually happening. In between, owning shares can feel like watching a horror movie with that ominous music playing in the background … you know the fright is coming, you're just not sure when.

Get used to mental discomfort if you want to beat the market  1514382372421

Which is why there's a booming market for those who promise you "certainty" or that you'll "make money in up and down markets". There's no such thing as either certainty or a cast-iron promise in finance, of course, but we're hardwired to want such things, so there's money to be made in selling them. I'm going to suggest to you a better way. One that is more, well, honest, but also one that has delivered for investors time and time again.

http://www.smh.com.au/money/investing/get-used-to-mental-discomfort-if-you-want-to-beat-the-market-20171215-h057mi.html
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