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Rubbing Elbows

2015.April.459x657Invite the six year old who still lives within all of us to stand facing a wall just close enough for the fingertips of your outstretched arm to touch the wall. Then bring your hand to that shoulder and rub the bent elbow with your other hand while chanting “Shorter… shorter… shorter.” At an appropriate moment bring the hand back toward the wall. And it won’t touch.

That’s the way things really happen for us humans; they generally turn out the way we tell ourselves they will. Even the Dow Jones Industrials Average responds to investor invocations every market day. Scientific data helps, to be sure, but there are now so many variables we basically just rub elbows to make the market change. Look at the list of stocks you like and chant “Higher… higher… higher” every day: you will be right 50% of the time if you do it long enough.

Better still, find an advisor who applies an investment strategy you understand and ask for his or her help. If your investments rise in more than 50% of market sessions, you will be glad you did.

I know what you are thinking: …rubbing elbows is more fun.