Forget about predictions

Article Excerpt

Here’s an Excerpt from a recent issue of Advice for Inner Circle Pro Members: “It’s a mistake to let predictions guide your investments, but especially so at times like now, when new ideas and differences of opinion are continually streaming into the markets. They make more choices available to you if you are trying to create or update a prediction. This is hard on investors who focus on predictions. When more predictions float around, predictions fans have more ways to guess wrong. The best way around this problem is to quit making predictions. Forget about trying to pinpoint future events or developments. Everybody who tries often enough will wind up making some good guesses. However, no one can foresee the future. Instead, take a close look at what we know about the current investment situation. Then, try to spot investments that seem to offer attractive opportunities under a variety of future conditions.” Click here for more information on Pat McKeough’s Inner Circle Pro and…