It is time to really create it – with a plan to achieve it. Over time our objective is to achieve more in life, and we all have different definitions of what that looks like. Life is different for all of us. At Longevity Achieved, we use insurance and investment products as tools that ensure the life you want is achieved.
Investors who are guided by their emotions risk a plethora of negative results. The emotion-driven activity may counter what they’re ultimately out to achieve. Consider the implications resulting from just one area that emotion-based investing has adverse effects – trying to time the market.
The team at Fidelity Investments crunched some numbers – they tracked a hypothetical $10,000 investment made on January 1, 1980, and tracked the roughly 10,000 investment days since. The results of missing just 0.001% of those days resulted in a 50% reduction in investment gains.