The following elegant observation comes courtesy of Jonathan Clements.
- You’re so well diversified that you always own at least one disappointing investment.
- Your livelihood isn’t riding on both your paycheck and your employer’s stock.
- If the stock market’s performance over the next five years was miserable, you wouldn’t be.
- You can remember the last time you rebalanced.
- You have no clue how your investments will perform, but a great handle on how much they’ll cost you.
- You don’t have any hot stocks to boast about.
- For every dollar you’ve salted away, you have an eventual use in mind—and the dollars are invested accordingly.
- Jim Cramer? Who’s that?
- A year from now, you plan to own the same investments.
- You never say to yourself, “Wow, I didn’t expect that.”