The following video is part of our "Motley Fool Conversations" series, in which Stock Advisor analysts Jim Mueller and Jason Moser discuss one of the differences between short-term and long-term investing: predictions. Wall Street is focused on the next quarter, but for a very well-followed company (Apple), it can't get its calls right. One analyst is calling for a significant drop in the S&P 500's price at the end of the year, and a double-dip recession never materialized despite numerous predictions of one. Long-term investors should focus on the companies that perform in their portfolios, not the short-term predictions that often turn out to be wrong.Data continues to show that people are chronic under-savers for retirement. We tend to underestimate how much we'll need and overestimate how much we'll make in later years. Don't be stuck putting off your retirement dreams just because you didn't read our special free report: "3 Stocks that Will Help You Retire Rich." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here.
Predicting Your Way to Underperformance
March 20, 2012 | Comments (1)
DocumentId: 1830290, ~/Articles/ArticleHandler.aspx, 3/9/2014 1:48:16 AM