my annual lessons learned

[larryswedroe]

The most important lesson for investors

Monday will have rest

Larry
[link fixed by admin LadyGeek]

[Clive]

http://www.cbsnews.com/8301-500395_162-57565822/the-most-important-lesson-for-investors

Closing ] missing

[DaveS]

Yes. Even on this board you see posts from people wanting to change their allocation based on something they read in the paper that morning. It's amazing how hard it is to talk em out of it. Dave
P.S. "New Normal" always sounded like the saying, "it's different this time."

[bottlecap]

Nice article. Thank you for posting.

JT

[mickeyd]

Thanks for posting the link. Nice read.

This is the best part of the piece. You can't say this too often.

One of the few sure things in investing is that you will experience many crises over your career as an investor. Just this past year meant dealing with the fiscal cliff, the ongoing eurozone crisis and slowing U.S. growth, among many other negative items. Yet despite all the bad news, 2012 was a very good year for stocks. That shows how important it is to be able to ignore the news, or what we call "the noise" of the market.

[spanky123]

Ignore all forecasts

How about the one from GMO - 7-Year Asset Class Return Forecasts? I guess the answer is "yes.".