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Find Your Happiness Equation While Investing Money

To say that “money isn’t everything” is more than a cliché. Studies in the early 1970s demonstrated that a sense of well-being, or happiness, had not increased commensurately with income over the previous half century. That trend continues as the modern world has arguably made well being more elusive than ever. But there is a way to find happiness in life, even as an investor.

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Timely Spotlight on the Market's Peaks and Valleys

The longer the equity markets were on their record-breaking tear since February 2016, the more energetically many individual investors and the popular press alike had whipped themselves into a frenzy trying to determine just where the peak of this run would be, and what to do once they neared it. As Wall Street Journal columnist Jason Zweig said, “[T]he pain of a market drop depends not merely on its size, but on its steepness relative to recent experience."

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