A.I.M. Users Bulletin Board

[OldAIMGuy]

Good morning Mark, This month's "MONEY" magazine has an article on brain function and its relation to investing and gambling ("Is your Brain Wired for Wealth?" Page 73, October, 2002).

I have a sneaking suspicion that Mr. Lichello knew all that the article tells back in 1977.

"Whenever possible, you need to develop automated, irreversible investing habits that are tailor-made for neutralizing your brain's worst liabilities while optimizing its greatest assets."

"Putting yourself on investing autopilot minimizes the opportunities for your brain to perceive trends that aren't there, to overreact when apparent trends turn out to be illusions or to panic when fear is in the air. That frees up your brain to focus on the harder work of long-term financial planning."

http://money.cnn.com/2002/09/25/pf/investing/agenda_brain_short/index.htm

The article is worth reading even if you're not a brain surgeon!

Best regards, Tom