You inspired to buy a "modern" pendulum clock. I love it. Brings movement to room. Shows in a physical way that time continues every time I step into the room or look around. And reminds me swings from extreme fear to greed and some stuff in between. Thank you!
The nice thing about dividend growth investing is that as long as the dividends are sound, I can let the prices fluctuate and still sleep. During my investing years, the dividend reinvestment worked better when prices were depressed. So I’ve slept pretty well for decades now.
An interesting analogy comparing the chiming of grandfather clock to the market, but will I get used to these market fluctuations like I would to a grandfather clock's chimes?
yes you will and it will cost you. its just human nature to see and take advantage of trends. trends are great but don't fall in love with them. coming from painful experience .....
Rebalancing your desired asset allocation ratio is a robotic way to sell down to the sleeping level I guess. No trouble sleeping, but why do I wake up earlier as I get older. I am a night owl coming from two earlybirds. I miss being younger. Oh well.
Those who are kept up at night tend to worry about the opposite, if they were comfortable rebalancing to their target level they wouldn't be having trouble sleeping. The problem is their instincts tell them to double down on investments that are doing well and get out of investments that are going down, which is the exact opposite of rebalancing.
I wish I had these videos 20 years ago. Thank you, Ken.
You inspired to buy a "modern" pendulum clock. I love it. Brings movement to room. Shows in a physical way that time continues every time I step into the room or look around. And reminds me swings from extreme fear to greed and some stuff in between. Thank you!
The grandfather clock analogy is excellent. Get used to it and expect it.
excellent stuff. just ordered book !
The nice thing about dividend growth investing is that as long as the dividends are sound, I can let the prices fluctuate and still sleep. During my investing years, the dividend reinvestment worked better when prices were depressed. So I’ve slept pretty well for decades now.
Great video and great chart highlighting market corrections.
An interesting analogy comparing the chiming of grandfather clock to the market, but will I get used to these market fluctuations like I would to a grandfather clock's chimes?
Or just go your local senior center and get yourself a yelling grandpa who yells every hour
After a few meltdowns and the experience of recovery yes I think you would.
yes you will and it will cost you. its just human nature to see and take advantage of trends. trends are great but don't fall in love with them. coming from painful experience .....
Thumbs up 👍
👍👍👍
Rebalancing your desired asset allocation ratio is a robotic way to sell down to the sleeping level I guess. No trouble sleeping, but why do I wake up earlier as I get older. I am a night owl coming from two earlybirds. I miss being younger. Oh well.
Those who are kept up at night tend to worry about the opposite, if they were comfortable rebalancing to their target level they wouldn't be having trouble sleeping. The problem is their instincts tell them to double down on investments that are doing well and get out of investments that are going down, which is the exact opposite of rebalancing.
Thank you ^o^