“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.”
~ Warren Buffett
Read this the next time your investments are down 25%
There are some things that you can control, and some things that you can’t. Focus on what you can control. Why are you investing? Is it for retirement, your kid’s education, some bucket list item? Stay focused on those goals. Do you own high quality investments that are temporarily out of favour? Has anything changed about what you are trying to achieve? Will a knee-jerk, emotional reaction to market volatility help you reach your goals?
Brad Brain_ Read this the next time your investments are down 25% – Alaska Highway News
Posted in All Columns, Investment Management