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The Market Has No Memory

Amid market swings, it is easy to lose sight of the potential benefits of staying invested over the long run.

Crystal Ball

Amid market swings, it is easy to lose sight of the potential benefits of staying invested over the long run. While no one has a crystal ball, adopting a long-term perspective and sticking with a plan can help investors look beyond the headlines. I recently read this article from David Booth, Dimensional’s founder, which is a thoughtful reflection on the folly of prognostication and market timing. It is not a long article but certainly one worth a read.

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About the Author

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Lorraine Ell

CEO and Senior Financial Advisor

As the CEO and co-owner of Better Money Decisions (B$D) Lorraine is excited to help others solve challenging financial problems. For those experiencing dramatic change such as divorce, retirement, or the loss of a loved one she is a dedicated advisor and acts as equal parts investment manager, financial planner, coach, and personal guide. It’s her mission to help families lead their best financial lives.

Author of the book, Bozos, Monsters and Whiz-bangs: Bad advice From Financial Advisors and How to Avoid it!, Lorraine is also frequently quoted in MarketWatch, Investment News, Investor’s Business Daily, Yahoo Finance, and The Wall Street Journal.