Investment concept: How to use procrastination positively in portfolio managementAre you a procrastinator? Do you feel ashamed of your procrastination? Don't feel ashamed. You can use this vice in a positive manner in investment. You can manage your portfolio in an excellent manner if you are a procrastinator. Let me tell you how.
Let us suppose you have developed your own portfolio. Serious investors know it very well it takes more than 2-3 years to build up a portfolio according to the specific needs of an investor. Now, let us suppose, there is some major upheaval in the market. Let us suppose, suddenly the equity market starts moving upward and the gold market is moving downward. Then many investors will churn their portfolio being unduly affected by the sudden movements in the market. This churning will further disbalance the market and also increase the portfolio churning cost for the investors.
On the other hand, a procrastinating investor will not churn his portfolio so quickly due to his procrastination. He will procrastinate, think deeply and then he will see that during his procrastinating period, the market has come out of upheaval and everything is quite alright.
Thus, the procrastinating investor will delay the churning of the portfolio, save the churning cost and won't get unnecessarily affected by the temporary upheaval of the market.