“The dominant determinants of long-term, real-life, investment returns are not market behavior, but investment behavior." — Nick Murray, Author
Now that relative calm has returned to the financial markets, we want to congratulate all of you on your patience and calm and for staying focused on what really matters: your long-term plan!
We know this is not always easy, especially when the headlines are filled with worrying (though usually exaggerated) market news. Unfortunately, the way our brains are hard-wired can tempt us to make emotional decisions about our money at precisely the wrong moments. This is why too many investors tend to “buy high” and “sell low.” Ultimately, this kind of emotional, short-term behavior can compromise a sound financial plan. So, congratulations on staying the course!
There will be more down markets to come, bear markets and recessions, and though we cannot predict them, we can plan for them and make sure you stay on track over the long term. This article reminds us that even if you could perfectly predict market “surprises,” they would actually have a minimal impact on your portfolio.
Many people pay as much as $100 or more a month for high-speed internet and $200 or more a month for a bundled internet, phone and television service. This article has some great ideas for trimming these bills significantly.
Spring is just around the corner, and for gardeners, that means pruning (selectively), dividing, mulching, and preparing now. These twelve tips will help your garden look its best!