AJ Flores Urges Long-Term Investing as Daily App Checks Fuel Emotional Trades 24/7
Updated
Updated · KFSN-TV · Jul 6
AJ Flores Urges Long-Term Investing as Daily App Checks Fuel Emotional Trades 24/7
1 articles · Updated · KFSN-TV · Jul 6
Summary
Fresno-based advisor AJ Flores warned that constant access to stock-trading apps can push investors into emotional, panic-driven decisions during volatile market swings.
Flores said day-to-day portfolio watching matters little for long-term goals, arguing that investors should set a risk level they can tolerate and stick with it.
Volatility can help consistent investors, he said, because regular buying during downturns amounts to purchasing stocks at a discount.
Time horizon should drive decisions: money for retirement can usually ride out market swings longer than funds needed for a near-term purchase.
His bottom-line advice was to keep participating over time rather than trying to predict where the market will be in a week, month or year.