Everyone loves a good story – whether it’s through a best-selling novel or a box-office hit, we can’t help but get drawn into a compelling narrative. Journalists are well aware of this, and it’s virtually a job requirement to make connections between events and turn them into an interesting tales.
Sometimes this can be entertaining and informative, but when it comes to long-term investing, storytelling can be dangerous. Turn to any news channel on T.V. and you’ll see a compelling story weaved into the performance of the stock market. For instance, every time a change is on the horizon, there’s always a story about how it will lead to higher or lower stock prices.
Despite any predictions, no matter how compelling they might sound, it is downright impossible to know with certainty which investment will be the best or worst in any given time period. Although it may not be as attention grabbing, a long-term investing perspective will ignore the media hype. That’s because the key to success in long-term investing is to avoid getting sidetracked by short-term events that can throw you off your goals.
Want to find a guide to help you reach your long-term goals?
At LexION Capital we can help you invest your money for the long-term. Unlike other investors, we don’t get sidetracked by short-term predictions that can compromise your goals. Don’t hesitate to contact us and find out why LexION Capital can provide investment solutions that are the right fit for you.