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Jazzy33 (< 20)

Headline: Doe it Really Matter?



December 30, 2008 – Comments (0) | RELATED TICKERS: SIX , BRK-A

I have been investing for several years now and nearly everyday the headlines on financial websites and newspapers read strikingly similar. When the markets down investors are said to be losing hope in the economy for one reason or another. When the markets are up hopes are said to be rising. The editors might change the wording from day to day, but the message is still the same.

If you are planning on getting rich quick through stocks then the fact that the past years charts look like a roller coaster that you would find at Six Flags (SIX) has probably left your stomach in knots. But if you are in the market because you understand that true wealth is built slowly, over time, then you are likely weathering the storm with perseverance and prudence. Not to mention that you have probably gotten more sleep than the average investor.

One thing that any investor has to know is that the market is fickle. The opinions of investors and even analysts are fickle. While it is smart to look at the trends and what other "gurus" might be saying, you must understand that what drives the market over time is cold hard cash and financial fortitude. The company that survives in the long run is not the company that is voted "most likely to succeed" but the one that is able to ride through the turbulent times without losing sight of their ultimate goal. This is very the same thing that determines the most successful investors.

So if the quality of your day is determined by the headlines you read in the finance section, then I suggest you cancel that subscription to the financial newsletter that you think will tell you what the next Berkshire Hathaway (BRK-A) will be or set your desktop or laptop to sleep mode. Then maybe you and your computer can actually get some much needed rest. ZZZZZ.....

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