What You Have Control Over in Your Investing

What you have control over in your investing:

1. Brokerage costs: don’t over trade or pay high commissions.
2. Ownership costs: of products (such as mutual funds, etc.) keep them down.
3. Expectations: be realistic, use historical information to your advantage.
4. Risk: know how much capital exposure you have.
5. Tax bills: maintaining year and longer hold times to reduce capital gains tax costs.
6. Behavior: managing your emotions and keeping them under control.

What you don’t have control over in your investing:

1. The market.