… getting things right as an investor over the short term is a tricky game. … the traders in the experiment were unsure how to size their bets … Instead, rely on the long, upward historical trend of the broad stock market to help you build wealth over time…. The challenge is, they’re often boring. … Short-term investing is merely a form of entertainment ….What’s right for most retail investors is, participate in the market for the long term by being a passive investor, keeping your costs low and controlling your emotions when things get wild
Embrace Friendship (as we get older), our personalities mature, we gain more social skills, our outlook becomes more joy-oriented and we tend to become more agreeable
Practice “confelicity” Enthusiastically supporting a friend’s good news – and asking questions about it – is a basis of being a good friend.
Write a list Counting your blessings. Good news jar.
Look forward to fun activities Could the expectation of fun be as rewarding as the activity itself? In another experiment, the scientists trained some rats to wait for rewards – while others were given them immediately. Later, they assessed the rats for optimism and found that those who had been trained to wait for rewards were more optimistic.
Do nothing
Don’t drink too much caffeine But timing is key when it comes to caffeine as it can take a while to kick in and a long time to wear off. Scientists recommend having your last caffeine dose eight hours and 48 minutes before you go to bed. We also shouldn’t consume too much caffeine – no more than 400mg or around two to three cups of coffee, depending on the strength – to avoid disrupted sleep, headaches, nausea and anxiety.