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If weâre investing for a long-term goal â and most of us do have horizons of five years or more â then why are we so obsessed with the daily headlines and the gyrations they can spark in asset prices
If weâre investing for a long-term goal â and most of us do have horizons of five years or more â then why are we so obsessed with the daily headlines and the gyrations they can spark in asset prices
Good point. But I wouldn’t consider five years “long-term”. I’ll go further and suggest that by-and-large this near term obsession with portfolio value / stock prices leads to more bad investing decisions than it does good ones among the investing public.
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