Comments on: Keep Thy Emotions In Check – Advice From Jonathan Clements http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 21 Nov 2009 13:00:57 -0800 http://wordpress.org/?v=abc hourly 1 By: The Honest Dollar | Financial Voyeurism: Mistakes Made, Lessons Learned http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-210901 The Honest Dollar | Financial Voyeurism: Mistakes Made, Lessons Learned Tue, 15 Jan 2008 01:06:43 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-210901 [...] The best advice for any novice investor is to keep your emotions out. I think the same rule applies to financial voyeurism. [...] [...] The best advice for any novice investor is to keep your emotions out. I think the same rule applies to financial voyeurism. [...]

]]> By: » Weekly Roundup - Freezing Cold Edition @ fivecentnickel.com http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-191131 » Weekly Roundup - Freezing Cold Edition @ fivecentnickel.com Mon, 17 Dec 2007 03:37:50 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-191131 [...] JLP reminded us to keep our emotions in check. [...] [...] JLP reminded us to keep our emotions in check. [...]

]]> By: » Weekly Roundup - Freezing Cold Edition @ fivecentnickel.com http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-191132 » Weekly Roundup - Freezing Cold Edition @ fivecentnickel.com Mon, 17 Dec 2007 03:37:50 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-191132 [...] JLP reminded us to keep our emotions in check. [...] [...] JLP reminded us to keep our emotions in check. [...]

]]> By: Free Money Finance http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-189685 Free Money Finance Fri, 14 Dec 2007 11:20:01 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-189685 <strong>Star Money Articles for the Week of December 10</strong> Here are some recent interesting posts from the MoneyBlogNetwork and beyond: Blueprint for Financial Prosperity says it's time to buy a house. No Credit Needed is reviewing 2007. Get Rich Slowly covers the pros and cons of gift cards. Consumerism Star Money Articles for the Week of December 10

Here are some recent interesting posts from the MoneyBlogNetwork and beyond: Blueprint for Financial Prosperity says it’s time to buy a house. No Credit Needed is reviewing 2007. Get Rich Slowly covers the pros and cons of gift cards. Consumerism

]]> By: GrowYourFunds http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-189213 GrowYourFunds Thu, 13 Dec 2007 02:12:47 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-189213 <strong>Around the investment blogging world</strong> It's time for another edition of around the investment blogging world. With the FOMC's monetary policy decision out yesterday, the investment blogging world is buzzing with opinions on the interest rate decision and what it means to you and the... Around the investment blogging world

It's time for another edition of around the investment blogging world. With the FOMC's monetary policy decision out yesterday, the investment blogging world is buzzing with opinions on the interest rate decision and what it means to you and the…

]]> By: Sam http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-189113 Sam Wed, 12 Dec 2007 20:53:31 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-189113 My long-deceased grandfather used to say "buy blue-chip stocks and don't look at the newspapers". He spent his working years in the oil patch, working for oil companies that would eventually become a part of Exxon-Mobil. Occasionally the company would include a stock certificate in the pay envelope. My grandfather would buy the stock certificates from his coworkers on the cheap, since they were more interested in some folding money to take to the tavern. My Bible-believing Southern Baptist grandfather didn't drink, but he did invest. That Exxon-Mobil stock has stayed in the family for many years, I have some of it myself, and it has appreciated to many times its original value. Like the stock, his investment philosophy has been handed down to me as well. My long-deceased grandfather used to say “buy blue-chip stocks and don’t look at the newspapers”. He spent his working years in the oil patch, working for oil companies that would eventually become a part of Exxon-Mobil. Occasionally the company would include a stock certificate in the pay envelope. My grandfather would buy the stock certificates from his coworkers on the cheap, since they were more interested in some folding money to take to the tavern. My Bible-believing Southern Baptist grandfather didn’t drink, but he did invest. That Exxon-Mobil stock has stayed in the family for many years, I have some of it myself, and it has appreciated to many times its original value. Like the stock, his investment philosophy has been handed down to me as well.

]]> By: yu now who http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-189021 yu now who Wed, 12 Dec 2007 17:39:56 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-189021 45 is young................perspective, perspective, perspective! 45 is young…………….perspective, perspective, perspective!

]]> By: Heidi http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/comment-page-1/#comment-188972 Heidi Wed, 12 Dec 2007 15:53:31 +0000 http://allfinancialmatters.com/2007/12/12/keep-thy-emotions-in-check-advice-from-jonathan-clements/#comment-188972 I'm with you - I'm not too keen on that last strategy, but the other points are very good advice for a panick-sticken investor. My strategy - just don't look (I think Lisa Simpson sang a song to this effect when Springfield was being attacked by billboard characters). But seriously - I rebalance twice a year, and I open my quarterly statements, but aside from that - I keep my investments on auto pilot and just don't look. Of course, I have the advantage of being young. I wouldn't recommend this strategy for someone over 45. It also helps that I am in mutual funds and only own a couple individual stocks. I’m with you – I’m not too keen on that last strategy, but the other points are very good advice for a panick-sticken investor.

My strategy – just don’t look (I think Lisa Simpson sang a song to this effect when Springfield was being attacked by billboard characters). But seriously – I rebalance twice a year, and I open my quarterly statements, but aside from that – I keep my investments on auto pilot and just don’t look. Of course, I have the advantage of being young. I wouldn’t recommend this strategy for someone over 45.

It also helps that I am in mutual funds and only own a couple individual stocks.

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