It can become an addiction akin to sports betting. Your mind is constantly occupied by the market and how it’s going. It takes a heavy attention toll on anything other you want to focus on.
I have learned my lesson. I buy the index and look at my portfolio 1-2 times a year and focus my mind on other things.
1. Buy the index
2. Check your portfolio multiple times a day
Now it's less like gambling and more like being entertained looking at your fish tank.
2) find the friend, colleague, or housemate who’s a degenerate market gambler
3) let their Hot Picks and Levered Options serve as your fish tank.
Complete with the roller coaster of (their) emotion!
1) buy the index
2) set up monthly deposits into it
3) forget it exists
4) get an annual report
5) try to feel smart, only foiled by the fact that it was 11pm and you didn’t know where your money was
6) GOTO 3