Kiplinger

Ignore Your Gut Instincts When Investing

One of the smartest things you can do as an investor is to stop making moves based on your gut instincts. You will probably become a much better investor, because studies show your portfolio is likely to perform better if you avoid excessive trading.

It's tough to ignore these impulses when stocks are turbulent, up one day and down the next. But if you're trying to time the market based on hunches -- your own or those you hear from friends, family or media "experts" -- you could be setting yourself to make the wrong investment decisions, causing your investments to underperform.

Emotional decisions are usually bad decisions; after

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger2 min read
Tax-Savvy Charitable Giving With QCDs Can Benefit Both Giver and Receiver
Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that. What approach is efficient, provides the tax benefits you’re after, and also is advantageous for the chari
Kiplinger2 min readFinance & Money Management
What Is an APR?
Swiping your credit card is easy. But if you carry a balance, paying it off could be a challenge. Especially if you don't know your credit card's annual percentage rate (APR). And shockingly, a lot of people don't. In a December 2021 Bankrate study,
Kiplinger4 min read
This New Sustainable ETF’s Pitch? Give Back Profits.
Feel like society and the environment are beginning to break down? There’s an ETF for that. Newday Impact’s Sustainable Development Goals ETF (SDGS) delivers a growth-oriented product that promotes dual impact, promising to advocate for environmental

Related Books & Audiobooks