Overcoming Market Fear with Discipline
Investor behavior can be the most important factor in the success or failure of your investments to help you reach your financial goals. Warren Buffet has been quoted as saying, “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.”
Most of you probably reacted to the sudden downturn in the investment markets by thinking, “Sell! Get me out!” But if you have a solid financial plan in place, selling in the teeth of a declining market is a move based on fear not planning.