Long Term Investing Practice

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If you have a strategy of hoping things work out, it doesn't work that way. And honestly, it's hard to avoid these thoughts. I got out of this on this morning as the market was going down. It's just diabolical what happens in your head when you're trading. If you feel tired, take a break. Like we all need breaks. This doesn't have to be a grindstone.

This week on InvestED, Phil and Danielle are taking a break from talking about Google’s finances to talk about a more prominent topic, especially as people wrap up vacations and breaks away from work: investing when you’re tired, busy, or on vacation.

Truth is, when it comes to long-term investing, you don’t need to have your nose in the numbers every day, or even every week. If you feel tired, take a break!

One of the benefits of investing the Rule #1 way – long-term investing – is that you don’t have to be as attentive on a daily basis to what the market is doing, the way you’d have to pay attention if you were a short-term trader.

Tune in to this week’s podcast to learn more about how to stay on top of your portfolio, even when you need to step away for a bit and put your energy somewhere else.

To learn more about how to plan for a successful investing future while still being able to take and enjoy time off for things like vacation, download Phil’s 12-Month Financial Success Planner: https://bit.ly/3AmNEud

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