Thread: Investing 102
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Old 10-17-2014, 08:04 AM
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Quote:
Originally Posted by GregWeld View Post
Remember how skeptical you used to be??? After being burned in the market...

Isn't this different this time around? You're invested rather than just buying and hoping stuff goes up. That's a HUGE mental difference which WILL make a difference in your future. Being INVESTED and being comfortable being invested is what keeps you in the game.
Or...just relying on a FA to make those decisions for me and then second guessing him or being pissed when I wasn't happy with the results or didn't understand the strategy.

Being invested myself lets me have a much clearer picture of what is really going on and actually takes less effort now and I understand the big picture better.

One can get bogged down in the details while trying to do too many things at once in the market. With just 10 equities to watch (I've actually got 11 now that I picked up some ETP) it's very simple and very rewarding.
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