Day 2 of consecutive blogging for me. I’m giving myself a pat on the back right now. I checked my sitemeter stats again today and would like to note that the viewership has increased to THREE viewers today. That is a 300% gain over yesterday’s stats. I’m willing to bet the better known finance blogs didn’t triple their readership overnight….haha. Okay I know I’m pathetic, but it’s a start right? I’ve been watching a lot of news lately and I just get so frustrated with everything that is going on in the market…or at least the way the media preaches doom and gloom. Maybe I’m a freak, but I am not an emotional investor. Buy and hold is the name of my game. And when I have 40 years to hold on to that money, you’re darn right I’m going to be optimistic.
Are you an emotional investor? What does “emotional investor” even mean? Is it defined by an attachment to money? A susceptibility to stress when the market shifts? Anything outside of the ordinary? I hear everyone talk about how tough finances are, and I’m sure most have taken a 50% hit on their investments….but outside of my 401k and Roth IRA I haven’t felt strained at all. Actually, I haven’t even felt strained by my retirement losses because I was not planning on using that money any time soon. I don’t understand how people can complain about this current market (unless you have lost your job of course). I mean gas is cheaper, cars are cheaper, homes are cheaper, a lot of things are cheaper and this is a great time for me. I have been able to tighten up on my budget even more and save more today than my frugal behind already was this time last year. Call me crazy, but if the news and media was preaching the gospel of the end of the world, I would actually be pretty stoked on my current situation.