One Positive Step to Take Right Now: Focus on Your Process



Given the volatility we’ve seen over the past several days, I want to talk about keeping your focus on the process of investing instead of what impact the daily and intraday gyrations of stock prices are having on your net worth. I realize that any time stocks incur a significant drop like they did late last week and early this week, an unrealized financial loss occurs. But focusing on what is happening to your wealth on a daily basis doesn’t help you stay on track to achieve your long-term financial goals. What does help is to focus on your investing process, including the actions you take to prevent personal behavioral tendencies from harming your portfolio.

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