Blips on a Screen
“The art of being wise is the art of knowing what to overlook” – William James
Even for long-term investors, it’s hard to ignore the short-turn fluctuations of the market. I do something I don’t recommend — I put the stocks we own on our “My Yahoo” home page. So every day(actually, every couple of minutes), my wife and I can see how our day was financially.
The short-term changes in stock market value is just noise. Noise that distracts from accumulating investment knowledge.
In the future, I’m going to try to keep price information as far away from myself as possible. I recommend you do the same.
Carnival of Finance at Okdork.com said,
April 3, 2006 @ 1:49 pm
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Carnival of Finance at Okdork.com said,
April 3, 2006 @ 1:49 pm
[…] Other: Do your Taxes in 7 days, How would $3 gas change what you do?, The Relative Costs of Self-Care, Tax tips for unmarried families, Moving Sale Results, The Week Ahead, Investing in Collectables, Microsoft Money 2006 Tax Estimator, Two Months Salary?, What do you want to give your children?, What Options do you have with your money?, Retirement savings by age, IRAs and HSAs, Friday’s Fabulous Financial, Trust me, we are not poor, Poor No More, Tips for paying taxes with an irs loan, DIY = N/G, Loan Rate Sheets Example, Stop complaining about your finance, Share buyback and dividends, Gold, Ask Uncle Bill, Note to Self about Fluctuations, Stop Selling your Name, Spend more with.., Articles that don’t help, It’s Just Money, The Art of War Newsletter, Boomers Failing…, Control your spending. […]