In a recent article by Ed Butowsky on FoxBusiness.com, published January 23, 2012, Ed examines the similarities between the hypocritical political debates and how investors act in similar fashion. While it is important to understand what exactly a hypocrite is, it is even more interesting to identify the similarities. As investors we are guilty of the same hypocrisy that politicians portray. While many say they are long way from retirement or need to live off their investment, we as a society seem to jump to sell our positions when we see worrisome headlines and buy up investments when things look good. Advisors, Ed explains, need to be educated.
Click here to read the full article, The Hypocrisy of Today’s Investor.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.