What can be more harmful to your retirement than the stock market???
EMOTION.
EMOTION can ruin your retirement account quicker than the stock market.
Counseling the new investor, the first rule, get your emotions in check.
Do the research and set emotions aside.
Many people make their investment decisions not by common sense, logic or research but by an emotional decision.
Statistics show many investors make significantly less return on the invested money than the market, because they buy at the wrong time and sell at the wrong time.
Why??
EMOTION.
If you can’t get those emotions in check, hire an advisor.