5 Things to Keep in Mind Regarding This Year’s Market

By Aaron Williams via Iris.xyz

I’m not typically a New Year’s resolutions kind of guy. Not only do I like to think I walk a pretty disciplined path (I eat a fairly healthy diet, I exercise when I can, I don’t smoke, and I am definitely focused on saving more and spending less), but according to U.S. News, about 80% of resolutions fall by the wayside by the second week of February, which tells me most resolutions are a waste of time anyway.

And yet, let’s face it: 2018 was anything but typical! It’s no wonder that even the most seasoned investors are walking into 2019 feeling a bit gut-punched. After the longest bull market in history (ah, those halcyon years when all news was good news for the stock market!), we were suddenly thrown head first into a market that was right on the cusp of becoming a bona fide bear market and brought with it the highest volatility in years. It’s enough to make your head spin.

So in the interest of helping you and every other investor keep your head where it belongs, here is my not-so-typical list of New Year’s resolutions:

Turn off the financial porn. Yes, it sounds crass, but in my own defense, I did not invent the term. According to the financial site Investopedia, financial porn is a “term used to describe sensationalist reports of financial news and products causing irrational buying that can be detrimental to investors’ financial health.”

Click here to read more on Iris.