This post from Barry Ritholtz (The Big Picture) was too awesome not to share. He talks about why doing nothing is often the best way to invest:

Don’t do something, anything, just for the sake of it. If you are going to do something, you better have a damned good reason for it.

Doing something feels good. Doing something creates the illusion of control. Doing something responds to the angst we feel when we are unhappy with current circumstances.

Nothing is the enemy of the financial industry. Doing nothing does not generate any business. You cannot sell a front load mutual fund, an annuity, or any sort of private placement when people do nothing.

Nothing generates no fees, commissions, costs or taxes.

 

The investment industry hates nothing. Just about everything the financial sector does or says or markets or advertises is designed to get ...