Imagine for a moment you are visiting an art gallery. You walk up to a work of art. Other patrons wonder what you’re up to as you press your nose right up against the glass.
A few minutes later a security guard approaches wondering why on earth you would view artwork from a distance of two inches from your face.
What’s our point? This scenario is equivalent to what many investors do every single day.
They’ve got their nose right up against that glass frame, examining the daily minutia and missing the bigger picture. Sadly, evidence-based decision making is an underutilized tool for spurring rapid growth in a portfolio. Spurning a scientific tool that charts the market’s trends in favor of reading news of the moment is the number-one reason most investors miss one golden opportunity after another to realize genuine asset growth.
As financial assets go up and down, personal investors focus at the micro-level, analyzing those little zigzag patterns. It’s a futile attempt to read the tea leaves. In one respect they’re right: You can predict market moves by understanding in aggregate what story those squiggles tell. But most investors overlook that data in favor of making decisions based upon emotion and breaking news. If you’re attempting to game the market based on daily news headlines, that myopic focus will fail you time and time again.
We’ve all been reared in a culture that focuses intently on the moment but frequently misses the bigger picture. Our investing methodology is based on wave science that accurately predicts market trends. A daily look-see is all the time it requires to adjust your position.
Put a scientific approach to work building your portfolio!