Ghost of Igloi wrote:
https://realinvestmentadvice.com/dalbar-2016-yes-you-still-suck-at-investing-tips-for-advisors/
Some good advice in there for you, Igy.
Set reasonable expectations and do not permit expectations to be inferred from historical records, market indexes, personal experiences or media coverage.
The challenge, of course, it understanding that the next major impact event, market reversion, will NOT HAVE the identical characteristics of the previous events. This is why comparing today’s market to that of 1994 or 2000 is pointless.
“Being early is the same as being wrong.â€
Messages must be delivered at the time the fear is present. As mentioned earlier, messages delivered before the investor actually experiences the event will not be effective.
Messages must assure recovery.