Some of us may find ourselves checking our investment portfolios several times a day. This can become a habit as mindless as checking our social media pages – and one that is far less productive than we might think.
With all of the technology and resources we have at our fingertips, checking our portfolios to keep up with short-term results can feel like something we SHOULD be doing, but the long-term game is where you will actually see the results that matter.
Keeping an eagle eye on the hourly, or daily, movements of the market will only add unnecessary stress to our day – and when we constantly check our portfolios, it becomes more likely that fear-based decisions will be made after we are influenced by dramatic headlines and sudden market movements.
When investing, we must keep in mind that long-term strategies are more important than keeping track of daily market fluctuations.
If you have questions about how we can help you build your wealth with long-term investment strategies, reach out to one of our advisors in Huntsville, Powassan, Parry Sound, North Bay, or Orillia, today: www.spireadvisors.ca
Is investing a short or long-term game? | Sponsored by Spire Advisors
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