Attempting to predict future market price movements is difficult to do and even more difficult to replicate reliably. A well thought out and disciplined investment plan is a wise option for an investor who may not have the time or expertise to develop and execute a unique investment strategy on their own. A disciplined investment methodology that defines what you want to buy, how much of it you want to own, and when to buy or sell can help counter strong emotions.
Last quarter we discussed emotional investing and why it can potentially hamstring your investments growth over extended periods of time. In the video below our Chief Investment Officer, Steve Davis, walks us through some of the basics of emotional investing.