Shane Oliver Head Economist at AMP discusses the new app age and how this constant access to information can enhance the ‘noise’ around negative news and cause investors to panic.
The key points are as follows:
• The more we are exposed to information about how our investments are performing, the greater the risk that we will be disappointed and at risk of making poor short term investment decisions.
• The greater access to information around short term investment performance and the ever present worry list around investing via traditional media and increasingly from apps on our phones is likely accentuating this risk.
• The key is to turn down the volume on financial news and find ways to filter it such that it doesn’t distort investment decisions.
For the full article please click here: Too much information – OI #39 2015