Ticker Tape, Schmicker Tape (Part 3)

So what is really important in investing? Last week we derided the notion that short-term wiggles and jiggles matter to anyone except people who profit from investor panic.

But what should investors do, then? Strange as it may seem, the best thing that many investors can do to understand the markets is to get out and plant a garden.

You see, planting a garden requires planning, patience, a reasonable amount of work, and a longer term perspective. You need to distinguish between everyday annoyances and real threats that could doom your whole enterprise. It’s a good idea to have a broad variety of different crops out there. And you need to start early and keep at it.

These are all elements of gardening that have a direct application to investing. Planning, patience, discipline, and diversification are critical elements of investing success. But they don’t make for a very exciting show on CNN. And you’ll never see them on the tape feed under the screen.


Douglas R. Tengdin, CFA
Chief Investment Officer
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By | 2014-09-03T18:20:52+00:00 April 21st, 2008|Global Market Update|0 Comments

About the Author:

Mr. Tengdin is the Chief Investment Officer at Charter Trust Company and author of “The Global Market Update”. The audio version of each post can be heard on radio stations throughout New England every weekday. Mr. Tengdin graduated from Dartmouth College, Magna Cum Laude. He received his Master of Arts from Trinity Divinity School, Magna Cum Laude and received his Chartered Financial Analyst (CFA) designation in 1992. Mr. Tengdin has been managing investment portfolios for over 30 years, working for Bank of Boston, State Street Global Advisors, Citibank – Tunisia, and Banknorth Group. Throughout his career, Mr. Tengdin has emphasized helping clients manage their financial risks in difficult environments where they can profit from investing in diverse assets in diverse settings. - Leave a comment if you have any questions—I read them all! - And Follow me on Twitter @GlobalMarketUpd

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