Ontario Community Newspapers

Oakville Beaver, 30 Jun 2016, p. 27

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Control emotional behaviour, focus on long-term investment continued from p. 26 The lesson we can learn from the Brexit vote and other similar periods of fear is: increased volatility is normal. Simply put, that is how the stock market works. How you react to periods of volatility will be one of the single most important factors affecting your ultimate investing success. Most of us humans get it wrong. There are two reactions to fear of market conditions that cause investors great harm. The first is to sell an investment and leave your money in cash. Investing in stocks is a long-term process and selling at a loss just because you are scared makes no sense. Investors inclined to do this are better advised not to own stocks. The second is to try to capitalize on a changing market by buying and selling stocks on a short-term basis. Evidence suggests this is extremely harmful for investors as there is far more risk at speculation in the short-term than a logical long-term strategy of investing. My recommendation is to invest in stocks for the long-term and do not be tempted to adjust this strategy as a result of short-term events. Short-term events are normal, so they should be taken in stride. Stocks have specific financial characteristics, but they are owned by humans. Human behaviour during periods of uncertainty is volatile. It is in your best interest to try and control your emotional behaviour and focus on your long-term investment objectives. -- Submitted by Peter Watson of Peter Watson Investments and Aligned Capital Partners Inc., MBA, CFP , R.F .P ., CIM, FCSI., Certified Financial Planner 27 | Thursday, June 30, 2016 | OAKVILLE BEAVER | www.insideHALTON.com Compression soCks are simply a good idea. POOL HEATER REPAIR WE SERVICE & CARRY PARTS FOR: TD LAARS, JANDY, HAYWARD, RAYPAK, PENTAIR, MINI MAX, STA-RITE Manufacturer Trained Service Technicians · Designed to provide support to the veins in your legs · Encourage blood flow · Improve PERFORMANCE · Aid in RECOVERY Solving Problems Since1982 Read our client reviews www.gasfixrepair.HomeStars.com Experience is the Difference! 905-845-0701 Email: scott@gasfix.ca Oakville Burlington 380 Dundas St. E. 3350 Fairview St. T: 905.257.4335 T: 905.637.4335

Powered by / Alimenté par VITA Toolkit
Privacy Policy