Jason Zweig, investing columnist at Money Magazine, is back again for our continuing series, "Of Mutual Interest." This time, the focus of the interview is the impact your brain can have on your investments without you even knowing it. It's a particularly interesting topic given the recent market turbulence, and it also happens to be the focus of Jason's new book, Your Money and Your Brain. One intriguing point Jason makes is that negative information about the market can overwhelm investors and drive them to sell funds that are still performing solidly in the long-run. To prevent this, Jason suggests investors cut back on their dose of market news.
What are your thoughts on the role your body and your brain plays in the investment decisions you make? And, would you consider implementing any of Jason's tips?
To read a transcript of Paul's interview with Jason Zweig, click this link: Of Mutual Interest for August 14th, 2007.
Comments
WHILE WATCHING THE OF MUTUAL INTEREST SECTION JASON COMPARED THE MARKET TO AN ALCOHOLIC AS A RECOVERING ALCOHOLIC I DO NOT SEE WHERE THIS MARKET IS DRUNK I KNOW THE BULL IS STAGGERING YET ITS DUE TO BEING TIRED AND NO SLEEP FOR A LONG TIME JASON STEROTYPED ALCOHOLICS THAT I GREATLY DISAGREE WITH I AM HOLDING ON MY PORTFOLIO AND ENJOYING THE ROLLER COASTER RIDE THAT THE ECONOMY IS PROVIDING I HAVE ALSO STOCKED UP ON DRAMAMINE CAUSE I THINK THE RIDE IS GONNA GET WORSE BEFORE IT GETS BETTER ALCOHOLISM IS A DISEASE THE ECONOMY IS NOT A DISEASE I AM TIRED OF ALCOHOLICS GETTING BLAMED FOR THIS THAT AND THE OTHER THING