Stay The Course | Prosperity Trek by Prosperity Concierge

Have the Right Temperament for Investing

Warren Buffett, one of the world’s most successful investors, famously claimed that the most important quality for an investor is temperament, not intellect. To be successful, you need to stay calm and rational during the market’s boom and bust cycles and avoid falling victim to the market’s herd instincts.

Even during dull market days, it takes

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Market Volatility: Your Behavior Decides if it is Good or Bad

Volatility isn’t bad in itself. It’s your reaction to it that matters most.

Psychological experiments have shown that the stress induced by watching the market heave up and down may lead you to try to lock in your gains by selling your winners, often before you should. The market has always been unpredictable.

There are useful, productive

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Protect Your Wealth by Minimizing, and Not Fearing, Market Volatility

Volatility in the markets is often perceived as a risk to investors – keeping them out of the markets altogether and forcing them to store their wealth where they’ll earn a low return in “safe” investments. It’s true that in financial circles the definition of risk is volatility.

If volatility is keeping you out of the

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Buy and Hold to Build Wealth and Avoid Timing Problem

The obvious argument for buying and holding as a strategy to build wealth is that if you try to time the markets it’s virtually impossible that you will sell at the very top or buy back into the market at the very bottom. Blowing this timing can deliver more than a small ding to your

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Why You Want to Invest Long-Term and Keep Fees Low – The Battle for Alpha

Alice Schroeder, Bloomberg columnist, wrote about the Wall Street proclivity to stretch for alpha – the desire to get investment returns that beat the market. This stretch for alpha stretches past moral bounds, illegally using insider information to get that edge.

“The goal of investing is to get an edge, whereas the securities laws presume all

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Invest for the Long Term – Staying the Course

Over time, riding out the markets’ inevitable ups and downs has proven much more effective than selling into panic or chasing the hottest trend.

Even missing only a few of the markets’ best days can significantly diminish investor returns.

Patience also affords the benefits of compounding – of earning interest on additional income or reinvested dividends and

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Volatility – Market Timing – Buy and Hold

Market timing makes more sense with individual stocks. Three out of four stocks move in the same direction as the market. And a stock can dart way above or way below the market average.

Failing to trade in step with the market can be ruinous to those not committed to keeping losses small. A stock can

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Staying the Course – the Phase between Asset Allocation and Rebalancing

Money magazine quotes Susan Byrne, founder and chairman and chief investment officer of Westwood Management, who states:

“We make an annual appointment, rebalance, and then I don’t look at my 401(k). I don’t worry about it when it struggles, and leaving it alone and keeping it diversified has helped it grow nicely, even though we’ve

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Prosperity Trek by Prosperity Concierge

Prosperity Treks

Have the Right Temperament for Investing

Market Volatility: Your Behavior Decides if it is Good or Bad

Protect Your Wealth by Minimizing, and Not Fearing, Market Volatility

Buy and Hold to Build Wealth and Avoid Timing Problem

Why You Want to Invest Long-Term and Keep Fees Low – The Battle for Alpha

Invest for the Long Term – Staying the Course

Volatility – Market Timing – Buy and Hold

Staying the Course – the Phase between Asset Allocation and Rebalancing

Prosperity Concierge

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