Wino
Senior Member
Cash: $ 113.80
Posts: 560
Joined: 03 Aug 2012
Location: Dubai |
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One last point... I'm the quintessential lazy investor. Once I put something in a fund, it tends to stay there. I may not buy more, but unless something drastic happens, the money is pretty much setting up a homestead. This is good in the long run, as well as easy in the short term.
Lazy is often good. I could write another thread on that topic, but it only touches on financials, as indicated by the preceding paragraph.
Anyway, because I'm lazy, when I get in will be critical if a big swing (either way) happens shortly after I invest. Long term crapola doesn't really make a difference one way or the other. My laziness is also why I keep mentioning that I have a very large capacity for risk and talking about "accounts I don't really count" when asked about my finances. I think I have every 401K from every company I've ever been with still hanging out somewhere in the banking ether.
Yeah, I know it isn't smart, but it sure is easy, and in the long run, I think it's also going to work in my advantage, mostly.
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