Often consumers start investing using savings accounts, the money market, and other short-term investment options. Later, when they start to save for retirement and get serious about other financial goals, they may keep this short-term mentality, but this can be a mistake.
While it is inevitable that some will move faster, it is important to emphasize that we like them all, and hope for nice profits from each of them, barring unforeseen problems. We think it is important to try to separate the long-term probabilities from the short-term noise like what’s trendy, and how the media is reporting.
Too often, investors can look at the markets as if they are playing blackjack, instead of building a financial foundation to fuel how they want to spend their life.