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The Investor's Advocate: Impulse Control

 

Remaining Focused During Unpredictable Events is Key to Investment Success

 

Has recent events caused you to feel a bit...anxious regarding your portfolio? If so, then you might find an essay entitled "Anxiety Notoriety" 

(https://www.howtoinvestblog.net/2019/06/anxiety-notoriety.html ) helpful. The posting is one of the many useful resources available to investors at How To Invest 

(www.howtoinvestblog.net). The blog is authored by Anthony Rhodes, who is the owner of wealth management firm The Planning Perspective

(www.theplanningperspective.com).

"Sometimes, when it comes to our investments, we van actually become our own worst enemy." he began. "Especially during unpredictable events such as those we've been experiencing recently." he added. "Our impulses are telling us to behave in one fashion, and our intellect, another, and oftentimes it's the magnitude of the event which wins out." he furthered. "But that rarely turns out to be the best move for our portfolios."

"We all understand in principle that we should not allow our impulses to direct our investment decisions, but when it comes to putting it into practice, many of us fail to do so." he added. "So I've explained some easily understood reasons why we should overcome these tendencies within the essay." he continued. "I hope that those who read it will come away with a greater understanding of the importance of doing so to best protect their investments." he closed.  

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