A letter to the editor in the Wall Street Journal Assignment - 1

A letter to the editor in the Wall Street Journal - Assignment Example Additionally, he also made mention of emerging markets as reaching attractive levels because of short-term troubles that brought price levels to near- bargain levels. What his article basically said is that investment advisers made wrong guesses or bets as to which way the markets will go and those investors who believed in the advice are now sorry. However one looks at it, any investor should do his or her own homework and not accept as the gospel truth any so-called â€Å"sage advice† offered by some self-proclaimed financial market experts. It is worth noting that any investor who looks at the long-term prospects (whether stocks, bonds, or other investment vehicles) is bound to come out ahead if the investment horizon is long enough for dividends and price appreciation to take its effect (meaning, the time element kicks in like in the time value of money when invested). Anyway, most investors have a wrong or unrealistic time frame when they invest, so many are well advised to listen to reason (Jaffe para. 9) and look at the longer term instead. (Note: word count = 295) Jaffe, Chuck. â€Å"Always invest in what scares you: How to build a portfolio with a long-term outlook.† Wall Street Journal, 10 Feb. 2014. Web. 15 Feb. 2014.