Instead take some time away from monitoring the news flow and focus on getting the basics of investing right. This week's Portfolio Clinic patient freely admits that he hasn't paid enough attention to the structure of his portfolio. Like many investors, he has focused on stock picking.
But the selection of companies and funds to hold in your portfolio is secondary to the way you allocate your investment between asset classes. Getting the right balance in your portfolio between assets such as UK and overseas equities, bonds, commercial property, commodities and cash will be the principal determinants of your investment results.