Another Turbulent Day on the Market: Three Reasons to Do Nothing
Our society values action. We enjoy ?action movies?, we use ?action verbs? on our resumes, and we praise active people. When we hear news, we think about what action to take. If we hear that the economy is booming, we want to take more investment risk. If a company announces record earnings, we want to buy more of its stock. If everyone says interest rates will go up, we want to sell our bonds. Often the right strategy is counter to our nature and we should hold to our established plan. Here are three reasons why.
















