Remember Why You Are Investing

Well, the Senator never got to be President. If you carry that attitude, you may be morally superior to your competitors, but they will end up with more money. Remember why you are investing.

Remember why you are investing.

Here is your new mantra. “I’d rather make money than make a good market call.”

You will be wrong, and probably a lot more than you would care to be. The secret is to deal with that properly. If you are wrong, admit it early. The market will not bail you out. Your bank account does not care how smart you are or if you embarrassed yourself in front of your investment club.

With all due respect to the late Senator Goldwater, he would not have made a good technical investor. The bottom line is ...

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