Four Keys to Investing
Dalbar study: “nations leading investor study”
Investors sold some of their businesses
leaving them poorly positioned for the second half of the year
average investor was a net withdrawaler, but poor timing is what affected them most
the investors sold a bunch of their money in the past quarter
if they didn’t buy back in, they sold and missed out on the up swing!
short term thinking and comparing rates of return are never good for long term investments
investing is a combo of art and science
people get emotional listening to headlines instead of bottom lines!
data given doesn’t have enough details of the facts and what numbers mean! what was the correction? why did it happen?
During this time Nepsis bought more in businesses for its clients and lowered cost basis
financial advisors are wealth managers, not portfolio managers
figure out your process, and understand it!
March 27, 2019