Topic: How To Invest

What is Pat’s commentary for the week of April 3, 2018

Article Excerpt

No one can predict the future, in the stock market or anywhere else. But with the help of the right mindset, you can develop a sense of things that a successful investor should pay attention to, or can safely disregard. Here’s one of the most valuable mindsets you can adopt as an investor: “A rising market climbs a wall of worry.” In other words, you need to recognize that rising stock prices automatically generate negative comment. The higher and/or longer the market rises, the more negative comments it generates. These are the bricks in that wall of worry. The inevitable building of this wall grows out of human nature. Many people are instinctively cautious or conservative. When they see a stock or the stock market go on a rise, they look for reasons why the rise may falter or reverse. That’s especially true of stock-market commentators. When a stock or the market rises beyond their expectations, they dig deep for hidden flaws. This…