{"id":218895,"date":"2025-05-02T13:33:50","date_gmt":"2025-05-02T13:33:50","guid":{"rendered":"https:\/\/accountants4yourbusiness.co.uk\/business\/investing\/anxiety-notoriety\/"},"modified":"2025-05-02T13:33:50","modified_gmt":"2025-05-02T13:33:50","slug":"anxiety-notoriety","status":"publish","type":"post","link":"https:\/\/accountants4yourbusiness.co.uk\/?p=218895","title":{"rendered":"Anxiety Notoriety"},"content":{"rendered":"


\n
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\n
<\/b><\/i><\/span><\/span><\/div>\n

Tips for Avoiding the Dreaded “3 Day Itch”<\/i><\/span><\/b><\/p>\n

\nBy Anthony Rhodes <\/span><\/b><\/p>\n

 <\/span><\/b><\/p>\n

<\/p>\n

\n<\/a>If you
\npay close attention to the rhythms of life, certain truisms will
\nbegin to reveal themselves to you. I\u2019ve noticed, for example, that
\nAllen Watts\u2019 assertion that just about all human beings fall within
\nthe categories of being either farmers or hunters (both personality
\ntypes accomplish the same ends, but uses different methods to achieve
\nthem) to be both succinct and reliable, that a careful observation of
\nthe show \u201cJeopardy!\u201d reveals that the difference between the
\nbrilliant and the intelligent is actually wider <\/i>than that
\nwhich separates the average from the intelligent, and perhaps most
\nuseful of all, that matters of importance are best decided after
\nperiods of diligent contemplation, in stark contrast to immediate or
\nimpromptu reactions. <\/span><\/span><\/span><\/span><\/div>\n
 <\/span><\/span><\/span><\/span><\/div>\n
These anecdotes, and others like them, has
\nserved me well throughout the years, as I\u2019ve sought to gain a
\ngreater understanding of life\u2019s repetitive patterns. But of the
\nthree mentioned, one would easily conclude the final observation to
\nbe most recognizable by others, and therefore, most commonly put into
\nuse. Yet, amazingly, certain conditions can magically cause this
\nassumption to dissipate into thin air.<\/span><\/span><\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\n
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\n<\/span><\/span><\/p>\n

\n <\/span><\/span><\/span><\/span><\/p>\n<\/div>\n


\n<\/span><\/span><\/p>\n

\nOne such
\ncondition occurs when we\u2019ve taken the time to develop investment
\nstrategies for our portfolio, but shortly thereafter, with little, if
\nany movement taking place amongst our investments, tweak them, for no
\nplausible or evidence-based reasons why. Maybe we monitor our
\ninvestments too frequently, or our expectations are a bit high, but
\nwhatever the rationale, this \u201cthree day itch\u201d, as I call it, has
\nbeen known to wreak havoc over many investment portfolios, and for
\nsome, unfortunately, to the point of no return (pun intended). <\/span><\/span><\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\n
<\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\nNothing is Something<\/b><\/span><\/span><\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\n
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\n<\/span><\/span><\/p>\n

\n <\/b><\/span><\/span><\/p>\n

<\/b><\/span><\/span><\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\nCreating
\na successful portfolio strategy is not an easy undertaking, so, I
\nfully understand why some investors might find themselves anxious
\nafter developing one. When designed and deployed, newly minted
\ninvestors may like to rapidly experience the fruits of their labor,
\nand might unwisely expect such results to arrive sooner, rather than
\nlater. This belief is the basis for the \u201citch\u201d, and primarily
\ndrives such investors to feel as if they must do…something, after a
\ncouple of days of immobility from their investments. If you find
\nyourself in this position, simply remember that investing is a
\nprocess<\/i>, with time being your greatest ally, and that by not
\ndoing anything at all, you may actually be doing what\u2019s best for
\nyour portfolio. <\/span><\/span><\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\n
<\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\nStrategy By Proxy<\/b><\/span><\/span><\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n

\n
<\/span><\/span><\/div>\n


\n<\/span><\/span><\/p>\n


\n<\/span><\/span>That being said, if you find yourself feeling anxious days after designing your investment strategy, it may also be a sign that your plan may be inadequate, and that deep down, you already know it. Those who have weighed the pros and cons of their strategy before its implementation, are more positive regarding its deployment, and this confidence causes them to less likely feel \u201citchy\u201dupon the initial stages of its usage. I created How To Invest to guide new investors into becoming more comfortable and competent regarding their investment decisions. But, admittedly, some aspects of this process is best handled by professionals, and this area certainly qualifies as one of them. If you can\u2019t get over this inclination to examine and re-examine your portfolio strategy, it may be best to seek advice from a professional. Our experiences in dealing with these issues should provide you with a certain degree of confidence, which you may not be able to achieve on your own. <\/p>\n

There are very few historical examples in which reactionary impulses triumphed over  contemplative reasoning. And within these rarities, a general consensus would conclude that luck played a more important role in the eventual outcome, than did the haphazard decision, itself. The reasons for these anomalies is simply because history has correctly deemed that exercises of thought best prepares us for life in a universe filled with complexity. As this lesson translates to our investments: the most successful strategies are those which have undoubtedly arrived through careful and considerate rumination, while their opposites have routinely been reliant on chance and fortuity to achieve the same results. <\/p>\n

(Anthony Rhodes is the President and owner of wealth management firm The Planning Perspective www.theplanningperspective.com<\/i>. Do not reproduce without permission. )      <\/span><\/span>
 <\/span><\/span>\n<\/div>\n

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