This post was originally shared in my DT Email Newsletter here.
I’m kidding.
You can never eliminate market noise. Unless we put a huge box over our head and don’t step out of the house.
In recent months, headline news from the Iran conflict keeps changing many times a day. And that’s a big reason why stocks have been bouncing up and down.
Somewhere in the middle of all that, I found myself thinking about the most common piece of advice gurus and advisors love to give:
“Just ignore the market noise.”
Yes, they are right. Telling people to ignore market noise is well-meaning advice. It’s like motivational speakers telling you to STAY POSITIVE.
The problem is it’s incredibly hard to ignore market noise. When your stock portfolio goes into red, you get that uneasy churning in your stomach. I admit, I get that too.
It’s our body’s fight or flight instinct kicking in. So doing nothing...