checking the portfolio to often? some advice from life coach Bob Newhart..
http://www.youtube.com/watch?v=Ow0lr63y4Mw
Strategies for Compulsive Portfolio Checkers
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Re: Strategies for Compulsive Portfolio Checkers
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-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
-Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
Re: Strategies for Compulsive Portfolio Checkers
I82, thanks for posting the Newhart Clip. Hysterical and great advice also!
Mark, I also like your simple way of looking at things. Got something figured out within an acceptable range? Good, move on to the next thing. Checking your PP too often? .... STOP IT!!!!
Mark, I also like your simple way of looking at things. Got something figured out within an acceptable range? Good, move on to the next thing. Checking your PP too often? .... STOP IT!!!!
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Re: Strategies for Compulsive Portfolio Checkers
What a wonderful way of looking at things, Mark. Would you be willing to share some of your other "life systems?" Maybe in a new thread.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
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- CEO Nwabudike Morgan
Re: Strategies for Compulsive Portfolio Checkers
+1Pointedstick wrote: What a wonderful way of looking at things, Mark. Would you be willing to share some of your other "life systems?" Maybe in a new thread.
I love it. I tend to think life can be split up into 7 areas of health to be balanced against each other:
1) Family
2) Social
3) Mental
4) Physical
5) Spiritual
6) Career
7) Financial
Building in systems in your life to promote these areas of balance certainly is ideal!
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: Strategies for Compulsive Portfolio Checkers
I don't know if this helps regarding ways to avoid looking at your investments too much but I think this article can help explain why it is probably not a very good idea for your health or your investment returns:
https://www.betterment.com/resources/in ... onitoring/
https://www.betterment.com/resources/in ... onitoring/