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Keep Stock Market Apps Off Your SmartPhone

Discussion in 'Stock Market News & Analysis' started by bourseindia, Nov 2, 2015.

  1. bourseindia

    bourseindia New Member

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    "The more you check your investments are doing, the worse off you will be"

    Is your phone making you a not so smart investor?

    For many people, the answer is yes, for a simple reason: They tend to make investment decisions based on short-term losses in their portfolio, ignoring their long-term investment plan.

    Behavioral economists call that tendency “myopic loss aversion”—and it can be incredibly costly.
    Unless you absolutely know what you are doing in the real estate markets, stocks are the best way to go for the long-term investor. Short -term, options with equities as a hedge.

     
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