Print this page

Don't Make This Financial Mistake

Yes, you should pay attention to how your investments are doing, but not obsessively so. For example, the stock market always goes through periods of decline, yet every time, it comes out the valley and usually winds up doing better than it ever did before. Obsessing over your investments can lead you to pull your money from some investments at the worst time or cause you to jump into something that appears to be doing so well, but is on a peak it can’t sustain. (Ask a reputable financial advisor about people who jumped into cryptocurrency.)