Why Financial "Grit" is More Important Than Outsmarting the Market

In reality, being persistent with your habits will do far more than picking the smartest plan.

As personal finance blog Listen Money Matters explains, its okay to screw up.

Youre going to make investments that dont perform as well as you hoped.

Youll miss out on opportunities you wish youd taken.

It happens to everyone.

Whats more important is that you dont quit saving.

…[R]esearch suggests theres almost no correlation between success and intelligence.

Are you the smart one or the gritty one?

That doesnt mean that you cant do your best to have the best plan possible.

It also means you cant outsmart the market.

Financial markets are too complex for even professional analysts to accurately predict, much less the average Joe.

So, dont beat yourself up for not picking the best plan.

Adapt, move on, and keep moving forward.

The Importance of Financial Grit| Listen Money Matters viaRockstar Finance

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