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Tag: mistake

Avoid this investing mistake as coronavirus fears grip the markets

Avoid this investing mistake as coronavirus fears grip the markets

Finance
Oliver Furrer | Cultura | Getty ImagesThe spread of the coronavirus helped to sink the Dow Jones Industrial Average more than 900 points when the market opened on Monday.And if that decline goes past 1,000 points, it could be the biggest one-day drop since 2018.If you're like many investors, you may be inclined to check your investment balances, including your 401(k), in reaction to the news.Yet reacting to a sudden market fall is exactly what you shouldn't do, according to one expert."Volatility is inherently frightening," said Dan Ariely, professor of behavioral economics at Duke University and chief behavioral economist at personal finance app Qapital. "Being frightened means that we are paralyzed, we think about it too much.""It influences our well-being, and it doesn't necessarily lea...
Six Nations: Adding more teams would be a mistake – Eddie Jones

Six Nations: Adding more teams would be a mistake – Eddie Jones

Sports
England coach Eddie Jones believes increasing the number of teams in the Six Nations would be a mistake.Reports have suggested South Africa could join the competition in 2023, but there has also been speculation that an eight-team event might be introduced."It's called the greatest rugby tournament in the world and I think it is," Jones insisted. "So why would you want to add other teams that are going to decrease the level of competition?" There has also been a suggestion that Fiji would also like to join and could play their 'home' games in France.The last change to the structure of the event was in 2000 when Italy became the sixth nation.Since then they and Scotland are the only teams not ...
BBC acknowledges ‘mistake’ in Boris Johnson editing

BBC acknowledges ‘mistake’ in Boris Johnson editing

Entertainment
The BBC has said editing footage of Prime Minister Boris Johnson for a news bulletin was "a mistake on our part". The Prime Minister appeared on Question Time: Leaders Special on BBC One on Friday evening.The audience laughed when he was asked a question about how important it is for people in power to tell the truth.But the laughter and subsequent applause was absent from a cut-down version of the exchange on a lunchtime news bulletin the following day."This clip from the BBC's Question Time special, which was played out in full on the News at Ten on Friday evening and on other outlets, was shortened for timing reasons on Saturday's lunchtime bulletin, to edit out a repetitious phrase from Boris Johnson," the BBC said in a state...
Shamima Begum's IS husband: We made a mistake

Shamima Begum's IS husband: We made a mistake

World
By Sharon Marris, news reporter The husband of Shamima Begum has told Sky News they both made a mistake when they joined Islamic State.Yago Riedijk, from the Netherlands, married the British teenager just weeks after she arrived in IS territory as a 15-year-old in 2015. When asked by Sky News Middle East correspondent Alex Rossi if the pair had made a mistake by joining the terrorist group, he replied: "Definitely." Image: Yago Riedijk speaking to Sky News correspondent Alex Rossi in northeastern Syria Riedijk, 27, is being held in a Kurdish detention centre in northeastern Syria while Shamima Begum, now 19, and their newborn son, Jarrah, ended up at the al Hawl refugee camp in northern Syria.He said he had little in...
As Dow continues to drop, you need to avoid making this mistake during market volatility

As Dow continues to drop, you need to avoid making this mistake during market volatility

Finance
When you hear the market has suffered a big drop, your first instinct is probably to check your investment account balances. But that is actually the opposite of what you should do, according to Dan Ariely, chief behavioral economist at Qapital, a provider of a personal finance mobile app, and professor of behavioral economics at Duke University. The advice is especially prevalent given recent market activity. The three major U.S. indexes — the Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite — closed in correction territory on Friday for the first time since March 2016. Stocks extended that slid...