With the market gyrations and economic uncertainty we are experiencing, investors are feeling the pain of market losses and many may lose faith in their investment plans. The potentially bigger risk, however, is that the focus on short-term losses can lead investors to bad long-term decisions. It’s natural to feel anxious and wonder if there is anything we should be doing to improve the situation. We just have to make sure our natural tendencies do not lead to bad decisions. Remember that investing is a long-term endeavor, and it is important to put the short term losses into the right perspective before you can make any changes to your investments. Here is how.
Continue reading