Thursday, June 12, 2008

 

Is Your Long-Term Investment Horizon Long Enough?

Whether it be a piece of pie, a new car, or investment returns, as consumers, we want it now. And in some sense, the financial industry is giving it to us. Mutual funds are priced daily, telling us that we have a gain or loss for that day, month, year, and so on. And plenty of cable channels and Internet sites, including Morningstar.com, give us reams of information in seconds. But the fact that we can make hair trigger reactions to market events doesn't mean we should.

Is Your Long-Term Investment Horizon Long Enough?
Source: Morningstar.com

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