RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Get used to mental discomfort if you want to beat the market Wed 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.
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 |
|