The problems with short term thinking…

We see a lot of investors who have a long term plan, someone in their mid 40s potentially needs an investment strategy to cover a period of 60 years (or more!), yet so often our decisions are based on what makes them happy today, typically believing that they have time to ‘deal with’ the consequences.

This is compounded when the decisions being made are clouded with emotion, rationalism is quickly thrown out the door!

Here is a good article titled “Short-Termism: it’s more contagious than the flu” – we can’t agree more.