Here's a simple test. As an investor, would you be able to sit back and do nothing -- as in zero, zip, nada -- in order to make an average 30% in annual returns over a 13-year investing horizon?
Peter Lynch, who ran one of the most successful mutual funds of all time, found that roughly 50% of his Fidelity Magellan investors failed this test and lost money on their investment, despite the fund's incredible performance over the long haul.
Getting in your own way is even more difficult when you invest in "passion brands" -- i.e., companies like Apple
The Motley Fool is here to help. With this hard-hitting public service announcement, "The Enemy Within," we help you recognize the over-emotional investor that lurks within all of us. If you see yourself resembling Frank, the tragic (and kind of hilarious) figure in this video, by all means, spend quality time with loved ones -- and leave your portfolio alone!
The producers of CAPS TV created this public service video. Click here to join the tens of thousands of investors who are using CAPS to help control their emotions and beat the market by thinking things through, having fun, and working together.