I went to a retreat at St. John’s a few weeks ago. Up there I had the chance to go to Reconciliation. Reconciliation is one of those things that sounds super intimidating and awful but is really a wonderful thing. You go and talk to a priest about the things you’ve done wrong since your last confession. Except they don’t judge you. They understand you are human and give you advice on how to be a better person. Then they forgive you. How cool is that?

I always leave feeling good about myself. At that point I can stop beating myself up about past mistakes and move forward. I can keep working at being a better person.

What does this have to do with investing? I’m here to tell you that it’s impossible to do everything right in the stock market. You will make mistakes. Don’t beat yourself up about them. Reflect on them, learn from them, and do better the next time. If you need advice on how to do better…I know a guy.

Legal Disclaimer: These posts do not constitute an offer or recommendation to buy or sell any securities or instruments or to participate in any particular investment or trading strategy. They are for informational purposes only. CTW gathers its data from sources it considers reliable. However, CTW makes no express or implied warranties regarding the accuracy of this information or any opinions expressed by the author and may update or change them without prior notification.

About the Author:

John has more than ten years experience as an Investment Advisor. He focuses on devising and maintaining portfolios that meet individuals’ needs, investment research, and investment strategy. John has been recognized as a “FIVE STAR wealth manager” by Twin Cities Business Magazine 2016-2020.