Now that we understand the basics, I’d like to take a moment to explore more about how we invest, from a psychological standpoint. Before you put your money in the ring, you need to have a better understanding of who you are as an investor.
The environment we are investing in is not your community. It is not your current circumstances. It is not even the economy. The environment we are investing in is the whole world, and everything that happens within it has an impact on what happens to the dollars we deploy.