Recently a well know financial advisor wrote a very good article concerning the difference between investing process and investing outcome. It is easy to read and he provides some great examples so I encourage you to read it:
"I went to cash because..." Fill in the blank. This is a common phrase uttered by market pundits, advisors, and amateur investors everywhere. And there always is a seemingly very smart reason to justify putting your investments in cash instead of the market. However; what appears on the surface to be a good investing idea often stands in sharp contrast to the actual results.
Another well-written blog was recently posted by Dan Wheeler concerning the recent market pullback. Click Here. The main idea of this great perspective can really be summed up in two points: