Get new articles by email:

Oblivious Investor offers a free newsletter providing tips on low-maintenance investing, tax planning, and retirement planning.

Join over 21,000 email subscribers:

Articles are published Monday and Friday. You can unsubscribe at any time.

This Week in Headlines: Just A Bunch of Noise

Headlines from the past week:

  • This Monday: Dow Slides 203 Points
  • Tuesday: US Stocks Explode Higher, Dow Surges Almost 900 Points
  • Wednesday: Dow Decked in Final Minutes; 280-Point Gain Becomes 74-Point Loss
  • Thursday: What GDP Slowdown? Dow Advances 189

Jeez. What a rollercoaster. No wonder people are stressed.

Want to know how to sleep easily when your IRA/401k’s value keeps bouncing all over the place?

Ignore It. Completely.

…because, for most of us, it’s absolutely irrelevant what the market did this week. It’s irrelevant what it did this month. In fact, it’s irrelevant what it will do in all of 2008.

Unless you’re planning on taking your money out soon (because you’ve retired and need to use it for living expenses, not because the market has gone down), it doesn’t really matter what the market is doing. All that matters is where the market will be 10 (or 20, or 30, or 40) years from now.

My bet? It’s going to be up. A lot. So I think I’ll keep investing and ignoring the news.  It can be fun to be Oblivious. (And it’s a heck of a lot easier than worrying.) You might want to try it. 🙂

New to Investing? See My Related Book:

Book6FrontCoverTiltedBlue

Investing Made Simple: Investing in Index Funds Explained in 100 Pages or Less

Topics Covered in the Book:
  • Asset Allocation: Why it's so important, and how to determine your own,
  • How to to pick winning mutual funds,
  • Roth IRA vs. traditional IRA vs. 401(k),
  • Click here to see the full list.

A Testimonial:

"A wonderful book that tells its readers, with simple logical explanations, our Boglehead Philosophy for successful investing." - Taylor Larimore, author of The Bogleheads' Guide to Investing
Disclaimer: By using this site, you explicitly agree to its Terms of Use and agree not to hold Simple Subjects, LLC or any of its members liable in any way for damages arising from decisions you make based on the information made available on this site. I am not a registered investment advisor or representative thereof, and the information on this site is for informational and entertainment purposes only and does not constitute financial advice.

Copyright 2022 Simple Subjects, LLC - All rights reserved. To be clear: This means that, aside from small quotations, the material on this site may not be republished elsewhere without my express permission. Terms of Use and Privacy Policy

My new Social Security calculator (beta): Open Social Security