Archive - June 22, 2017

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Are You a Near-Sighted or a Far-Sighted Investor?

Are You a Near-Sighted or a Far-Sighted Investor?

by Eve Kaplan, Certified Financial Planner(TM).

Are you a Near-Sighted or a Far-Sighted investor? If you’re a near-sighted investor, you probably check your investment balances frequently (even several times a day) and you feel good when your investments are up. Your focus is short-term, even though you may live another 30-50 years. Conversely, you worry or feel regret when your investments are lower. If you’re a far-sighted investor, you’re knowledgeable about your investments but you check them less frequently, you’re less worried when they decline and you may suffer less financial angst. Your focus is medium to long-term.

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