Don't Do These Things If You Want Better Long Term Returns

There are two apparently simple "DON'Ts" that will help you achieve better returns over the long run:

1. Don't look at your tickers daily. It never helps having to face emotions day after day even if you know how to control them. It distracts you from the long term goal (+5 years)

2. Don't surround yourself with negative people. Bears are really different to negative people because they will actually provide some bear thesis unrelated to price. Negative people will base their negativity on price and this never helps. You should surround yourself with contrarians, not alarmists.

Very simple advice that should help you keep calm when everything tumbles. It helps me at least!

$Apple(AAPL)$

$Microsoft(MSFT)$

$S&P500 ETF(SPY)$