Planning Briefs
Don't Chase After The Market News
Published Wednesday, December 18, 2013 at: 7:00 AM EST
Did you read the newspaper today or check the news online? Invariably, the stock market will be heading up or down, with the movement triggered by anything from company earnings announcements to a change in economic indicators or even a political event such as Brexit. And, more often than not, financial pundits may respond by urging investors to buy or sell something.
But you can drive yourself crazy, if you haven't already, by making stock market decisions based on what just has occurred or what you think will happen next. In fact, chasing after the news is a common investment mistake. There are at least four good reasons to avoid this temptation like the plague:
1. The stock market usually moves ahead of the news.
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