Active vs. Passive Investing
Pre-my Man, I alternated between two dating philosophies.
Active: I was on the prowl. I shamelessly introduced myself to any man that caught my eye.
Passive: Who, me? [bat eyelashes] I fabulously sipped a single malt at the bar and men came to me.
Now that I’m taken, I see the middle path. Desperate does not look good, but playing too hard to get can backfire too. Now, I look fabulously approachable at all times.
My investing philosophy similarly take the middle path.
Daily, I read the business section, but don’t act like an active investor. Active investors buy & sell throughout the day, hoping to make some quick $$.
It’s been worth it to passively wait to reach my long term goals, but it fun to follow the market!
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)