Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Earnings season rarely fails to inspire volatile trading on Wall Street; after all, it is during this period that investors’ expectations clash with companies’ bottom-line results.
As you have seen for yourself, the disconnect between analysts’ estimates and reality is a surefire way to encourage both massive rallies as well as spectacular sell-offs.
The inherently unpredictable nature of earnings season falls under the list of things outside of your control. While this may be a simple truth to embrace, the fact of the matter is that even seasoned professionals can at times become overly-concerned and wrapped up in worrying about developments that they cannot affect.
Two of the most common things that every investor has found him or herself worrying about (even if they won’t openly admit it) include:
No matter which way you slice it, worrying about things outside of your control is a surefire way to lose sleep at night, with no possibility of a reward. So what’s the average investor to do?
For starters, cut down your list of worries and only focus on the things that are actually under your control. You would be surprised at how many valuable components of the investment process you have direct control over, including:
In life, there will always be more things outside of our control than under it. This shouldn’t discourage you from putting your money to work in the markets: just remember that if you must worry, make sure it’s at least about something you have real control over. By focusing your efforts (and worries) on important things like asset allocation, diversification, and cutting down investment costs, you put the odds of success in your favor over the long-haul.
Have a great weekend and remember to check us out on Twitter @dividenddotcom.