Learn to be a “hands-off” investor

Moving your money around to chase the hottest investments will only eat into your profits.

  62

by

Online only.

  62

typing_0111_120

For first-time investors, the act of choosing where to put your money can be daunting.

But the trouble doesn’t end once you’ve handed over your cash. After you put some “skin in the game” it’s easy to find yourself obsessively visiting financial web sites and poring over your rate of return. Throw in a seemingly infinite supply of articles and blogs about why your investment is good—or bad—and you have a perfect storm of confusion.

Should you pull out of the ETF that’s been down for the past three months and invest in a hot mutual fund? Or should you take a chance on an oil index fund?

Welcome to the biggest single mistake that people make in trying to build their wealth: being too active.

For the average investor, flipping in and out of investments and chasing yesterday’s hot mutual funds or stocks is a fool’s errand. Not only are yesterday’s winners often tomorrow’s losers, but the transaction costs of moving your money around can eat up profits.

So ignore the hype and avoid frequent trading. Never buy an investment—whether it’s a house, stock or a fund—if you’re not prepared to hold it for the next 10 years.

62 comments on “Learn to be a “hands-off” investor

  1. my personal dollars quantity sucks ! thank you for your assistance !

    Reply

  2. All of our hearts go over to individuals from Japan inside of this duration of hurting.

    Reply

  3. I very much doubt that I will go back to normal decks now I have this. Virtual dj has saved me alot of money in the long run

    Reply

  4. I was aware about this previously, however there are a few beneficial pieces that concluded the picture for me, thank you!

    Reply

  5. Its like you read my mind! You appear to know a lot about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a bit, but instead of that, this is great blog. An excellent read. I will certainly be back.

    Reply

  6. My partner and i certainly have to think much more in that way to see things i can do about that.

    Reply

  7. Hm, I’m happy with this but still not fully certain, therefore i am going to research a touch more.

    Reply

  8. That may seem wonderful nonetheless i’m just still not so certain that I favor it. Anyhow will look a lot more into it and choose for myself! :)

    Reply

  9. That looks great though i am just still not too certain that I prefer it. However will look a lot more into it and decide for myself! :)

    Reply

  10. That appears fine however , i am still not so certain that I favor it. In any case will look more into it and choose personally! :)

    Reply

  11. O . k ., that is a nice beginning but i’m going to consider that a tiny bit more. Will let you know what more there really is.

    Reply

  12. Well, that’s decent, however how about additional options we have here? Would you mind publishing one more post regarding them also? Appreciate it!

    Reply

  13. Pingback: cheap cars

  14. Pingback: Check out my facebook profile

  15. Pingback: Search Engine Optimization

  16. Pingback: Video Game Store

  17. Pingback: christmas cards

  18. Pingback: B2B Internet Marketing

  19. Pingback: Affiliate Marketing Programs

  20. Pingback: The Birdhouses

  21. Pingback: The Hairloss Treatment

  22. Pingback: Vacuum cleaners info

  23. Pingback: Thewaterkettle

  24. Pingback: Book A Trip

  25. Pingback: Scrap Gold Buying

  26. Pingback: Ile Maurice Location

  27. Pingback: Villa Ile Maurice

  28. Pingback: Asthma

  29. Pingback: Online Paralegal Courses

  30. Pingback: stretch mark cream

  31. Pingback: Wooden Dog House

  32. Pingback: Stretch Mark Cream

  33. Pingback: Associate Degrees Online

  34. Pingback: immigration attorney boston

  35. Pingback: roofing sacramento

  36. Pingback: leopard boots

  37. Pingback: roofing company atlanta

  38. Pingback: hardiplank houston

  39. Pingback: Location Ile Maurice

  40. Pingback: Online Dating Sites

  41. Pingback: Life Insurance Rates

  42. Pingback: Mauritius Villa Rental

  43. Pingback: Stair Lifts

  44. Pingback: property and casualty exam

  45. Pingback: replacement windows dallas

  46. Pingback: Cheap Personal Secured Loans

  47. Pingback: Software

  48. Pingback: Credit Card Consolidation Loans

  49. Pingback: Buy Bath Salts

  50. Pingback: French

  51. Pingback: sexless marriage

  52. Pingback: Keurig Coffee Maker Reviews

  53. Pingback: וילונות

  54. Pingback: Schwinn recumbent bike reviews

  55. Pingback: marriageproblemshelp.org

  56. Pingback: atlanta accident attorneys

  57. Pingback: Help relationship

  58. Pingback: Camsex

Leave a comment

Your email address will not be published. Required fields are marked *