Mar 2 • Questions for the Community
Markets...and uncertainty
The markets are about to open down...
Does this make you nervous? Scared?
Ask yourself: what is my goal for investing? If it is: do what the hedge funds do, then sell.
If it is something similar to: Save to create long-term wealth that supports my long-term goal(s), then stay the course.
I know all of you here are living in the latter world, so why is is so hard to not get distracted??
It is natural to question in times of uncertainty, because you can't control what is happening. It is times like this that you quesiton yourself and your motives, wondering if the market knows something you don't.
It doesn't...the big movers in the market just don't have the same luxury of time that you do. The big traders make money on short term swings, you make money on time and patience.
What's every one watching this morning?
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Markets...and uncertainty
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