It’s amusing to note how psychologists, who are not acquainted with the fundamentals of investing, give psychological advice to impetuous investors who go in and out of the market and are never happy with their decisions.
I have learned a basic fundamental from loads of Wall Street experience. Find a strategy and be disciplined about it. You sell a security when the purpose of the purchase no longer holds. Buy bonds on duration principles. And stop listening to the constant financial media chatter and noise that makes a living for them, but will hurt your wallet, and your nerves. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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