Investing: Do You Have The Right Temperament?

It is an unfortunate truism that far too many investors “buy high” and “sell low”. Given how counter-productive and demonstrably irrational that is, we have to ask: “Why?” Let us say that you (with or without the help of a financial advisor) have decided how you wish to allocate the capital which you have set aside for investment (as opposed to the emergency fund which you should also have in cash or the equivalent.)For most individual investors, this...