from @Christopher Genzler, @Forum Financial Mgt, someone I know & trust: …"In many areas of life, intense activity and constant monitoring of results represent the path to success. In investment, that approach gets turned on its head. The Chinese philosophy of Taoism has a word for it: “wuwei.” It literally means “non-doing.” In other words, the busier we are with our long-term investments and the more we tinker, the less likely we are to get good results." "The consequence is that most individual investors earn poor long-term returns. This is borne out each year in the analysis of investor behavior by research group Dalbar. Dalbar found the average US mutual fund investor under performed the S&P 500 by nearly 4 percentage points a year". for more info, call him at FORUM or check him out at linkedin/in/chrisgenzler
Posted on: Fri, 20 Sep 2013 19:48:06 +0000
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