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Stay the Course Strategy
Old 04-15-2014, 01:23 PM   #1
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Stay the Course Strategy

As I transition to a broadly diversified portfolio, I have figured out how to maintain a "Stay the Course" strategy.

I'll go to Yahoo Finance and develop a collage from the headlines a couple of times a day for several days.

Here's a sample.

"Despite the selloff, gold is flashing a secret buy sign"
"Why market may be setting up for a 20% correction"
"As Nasdaq falls, buying opportunity arises"
"Last week's big stock selloff 'probably over': Pro"
"This is the level where things get really bad"
"Goldman Stands By $1,050 Gold Target at Year-End on U.S. Growth"
"The bull market will continue! 3 picks for today"

There's plenty more. Every few hours some expert is advocating a position that conflicts with the other.
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Old 04-15-2014, 01:45 PM   #2
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Old 04-15-2014, 01:48 PM   #3
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Quote:
Originally Posted by aim-high View Post
As I transition to a broadly diversified portfolio, I have figured out how to maintain a "Stay the Course" strategy.

I'll go to Yahoo Finance and develop a collage from the headlines a couple of times a day for several days.

Here's a sample.

"Despite the selloff, gold is flashing a secret buy sign"
"Why market may be setting up for a 20% correction"
"As Nasdaq falls, buying opportunity arises"
"Last week's big stock selloff 'probably over': Pro"
"This is the level where things get really bad"
"Goldman Stands By $1,050 Gold Target at Year-End on U.S. Growth"
"The bull market will continue! 3 picks for today"

There's plenty more. Every few hours some expert is advocating a position that conflicts with the other.
... sometimes, from same analyst or institution. All they are pushing is "trade" so that they win with commission. (I obliged them with a short term trade today )
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Old 04-15-2014, 03:35 PM   #4
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Don't go to sites like that. They are always trying to separate you from your money. Read early-retirement.org for help with retirement, FIRE, and investing, and read boglesheads.org for help with stay-the-course index investing.
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Old 04-15-2014, 07:42 PM   #5
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Originally Posted by aim-high View Post
As I transition to a broadly diversified portfolio, I have figured out how to maintain a "Stay the Course" strategy.
That's the hardest part, figuring out what matters amongst all the noise and what doesn't. But that's it - it's all just noise from day to day.
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Old 04-15-2014, 08:10 PM   #6
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I try to find interests to spend my time which has nothing to do with finances. That helps pass the time.
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