What you should be worried about when investing

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larryswedroe
Posts: 12454
Joined: Thu Feb 22, 2007 8:28 am
Location: St Louis MO

What you should be worried about when investing

Postby larryswedroe » Tue Jul 16, 2013 7:23 am

http://www.cbsnews.com/8301-505123_162-57593739/what-to-worry-about-when-investing/

While most investors focus on the things they cannot control, the winning strategy is to focus on the things you can control
Hope you find this helpful
Larry

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Artsdoctor
Posts: 931
Joined: Thu Jun 28, 2012 3:09 pm
Location: Los Angeles, CA

Re: What you should be worried about when investing

Postby Artsdoctor » Tue Jul 16, 2013 3:48 pm

Larry,

Excellent article. I think that one of the things that you've mentioned several times (and written about in your books) that has really resonated with me is the ability to have a Plan B, but invest for your Plan A. I do plan for swings and downturns, and I have a reasonable plan that "should" be OK but I can't invest for every last disaster known to mankind. However, if something were to happen that would prevent my best plan from working for me, then I move on to Plan B. There are just too many variables. I believe the key is just being flexible.

Artsdoctor


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