Key points are as follows…
- A combination of the blanket news coverage of economic worries, the associated information avalanche we are now exposed to and our innate fascination with crises is likely making us worse investors: more fearful, more jittery and more focussed on the short term.
- Investors should recognise that shares climb a wall of worry, try and turn down the “news” volume, focus on investing for the long term, and remember the best time to invest is when everyone is gloomy.