- Our Income Factory strategy is about growing income and building long-term wealth.
- Protecting ourselves from market price volatility in the short term can detract from performance and cost us money over the long term.
- Economists and investment experts have known this for generations, but the investment industry and financial media make their money by getting us to focus on the short term.
- Do you ever wonder why the programming on CNBC resembles that on ESPN so closely? They want viewers to think of investing as a sort of "sport"
- A sport that needs our constant attention, and tracking market prices - minute-by-minute, hour-by-hour - is how they keep score.
For further details see:
Investors' Choice: Build Long-Term Wealth Or Worry About Short-Term Market Prices?