Tags: investors | lose | speculators | marathon

Investing Is a Marathon, Not a Sprint

By    |   Friday, 16 Nov 2012 07:40 AM

Recent headlines have claimed that investors “lose” as stocks drop worldwide. That just isn’t true. Speculators “lose” when stocks drop worldwide.

Real investors benefit from the market’s fear. I have averaged more than 19 percent compounded annually in the past 19 years.

Another investor I know mentioned how he hated looking at his portfolio on "down days."

Editor's Note: Small-Town Ohio Accountant Uses Simple Forgotten Secret to Help Investors Pocket Millions

I have had five “down days” out of the last six days, and my net worth has dropped almost 6 percent since the election.

It’s just all part of the game. It’s like being a long-distance runner and saying you don't like to "sweat." A little sweating is all part of being an investor.

Real investors know there are short-term peaks and valleys. Real investors know that over time, choosing the right stocks at the right prices is paramount to success.

I have no idea what is going to happen with the fiscal cliff. What I do know is that no person has ever gone broke betting on the collective stupidity of the American people or its politicians and citizens. But pundits, news anchors and Internet clowns all have to report something.

The problem is they have made their money as media pundits not as investors.

When the market is down, that’s usually the time to buy.

Editor's Note: Small-Town Ohio Accountant Uses Simple Forgotten Secret to Help Investors Pocket Millions

But a fundamental change was voted in bythe people on Nov. 6.

Those who do not possess a certain skill set will no longer be able to navigate the market, as the financial terrain becomes extremely more challenging.

Stay focused. You must realize that investing is a marathon. Investing isn’t a sprint.

About the Author: Bill Spetrino

Bill Spetrino is a member of the Moneynews Financial Brain Trust. Click Here to read more of his articles. He is also the editor of the Dividend Machine. Discover more by Clicking Here Now.

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BillSpetrino
Recent headlines have claimed that investors “lose” as stocks drop worldwide. That just isn’t true. Speculators “lose” when stocks drop worldwide.
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2012-40-16
Friday, 16 Nov 2012 07:40 AM
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