The Often-Overlooked Long-Term Risk for Stock Market Investors
Author and psychologist Benjamin Hardy paints a picture I'm sure any parent can relate to: You stop to pick up dinner on your way home. You decide to get a treat -- say, a candy bar -- for your child. When you present it to your son/daughter, their immediate response is: "But I don't like that kind! Why can't I have the kind I like?!?!"
It's maddening. "How could they possibly be disappointed when -- before -- there was no candy bar at all?" As an adult, you can see this is a recipe for disaster later in life. There's no room for perspective or gratitude.
Here's the rub: Investors in the stock market -- all of us adults -- are often just as guilty of this. Becoming aware of this is vital. Without it, we'll have no perspective or gratitude. And chances are, we'll burn out as well. Luckily, one author has offered an antidote.
Source Fool.com
