Have The Nerve To Let Your Investments Work, Forbes.com, Jonathan Satovsky –
July 27, 2012
As a financial advisor, I’ve come to realize that one of the largest barrier to investors succeeding is an unwillingness to decide what they are trying to achieve. Consequently, investors never set realistic goals or devise a reasonable plan to achieve them. Instead, they want it all: steady gains when the markets are declining (at least 5% a year) and superior performance when stock prices are rising (for example, to outperform the S&P 500). And, more often than not, they are disappointed no matter what the markets do.
The way to calm this “performance anxiety” is to match your true investment goals with your existing portfolio. For instance…