The Virtues of Sitting Still
The human psyche has been wired for action, not stagnation. Despite the virtues of sitting still, the external environment challenges us to do anything but, especially when it comes to money and financial gain. Twenty-four hours a day, seven days a week, 365 days a year, Las Vegas has an open poker table, blackjack table, slot machines, and hundreds of other games of chance that offer the chance to cash in. Today's social networks enable people to stay engaged all day every day. Twitter now makes it possible to not only follow your friends but also follow your favorite celebrities and stay involved.
There's certainly nothing wrong with being involved in all of the above, but it can dangerous to overdose on them. French mathematician Blaise Pascal said it best when he said, "All of humanity's problems stem from man's inability to sit quietly in a room alone." I like to think that in the stock market, a lot of bad investment decisions arise when market participants feel like they always have to be a part of the action. Sometimes it is wise and prudent to sit still and just watch things from the sidelines....355 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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