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I Laugh at this Terrifying Market

Last Updated Aug 12, 2011 12:05 AM EDT

I confess that the recent yo-yo volatility of the stock market is giving me emotional whiplash, not to mention stress flashbacks from 2008 and early 2009. That said, I'm working through the pain and rebalancing. I've also found that a little hangman humor can help. You know the old cliche of laughter being the best medicine. Trust me, nothing dissipates those clouds of gloom like a good laugh, which is what I did when I watched the video in the link below. In fact, it was best laugh, investing or otherwise, that I've had in some time.

But before you click on the link, let me warn you that it has a bit of profanity. So if that is something you find offensive, you might not want to click through. For those who wouldn't be offended, and who choose to invest the minute to watch this video, go ahead and click on the link below.

Video: E-Trade Baby Loses Everything
I hope you enjoyed it as much as I did.

My point
My editor says I've got to have a point to everything I write. So my point is merely that a good laugh can help put things in perspective, and putting things in perspective can help one see the big picture. And maybe if one can see the big picture one can remember, the next time the market loses seven percent in a day, that it's only money. A good laugh and enjoying life is far more important.

With that perspective, go ahead and do the right thing by practicing hurts so good investing.

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    Allan S. Roth is the founder of Wealth Logic, an hourly based financial planning and investment advisory firm that advises clients with portfolios ranging from $10,000 to over $50 million. The author of How a Second Grader Beats Wall Street, Roth teaches investments and behavioral finance at the University of Denver and is a frequent speaker. He is required by law to note that his columns are not meant as specific investment advice, since any advice of that sort would need to take into account such things as each reader's willingness and need to take risk. His columns will specifically avoid the foolishness of predicting the next hot stock or what the stock market will do next month.