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It's amazing how quickly one can go from a "disciplined" investor to making decisions contrary to their principles, regardless of how much you think you believe
by stephsmithio 6y ago
It's amazing how quickly one can go from a "disciplined" investor to making decisions contrary to their principles, regardless of how much you think you believe in them.
I too, found myself making emotional investment decisions throughout this pandemic, despite typically just leaving my money in ETFs and rarely checking them.
- lfrmgnd 6y agoIt was a perfect storm for me. Other life events – moving, buying a car, burnout at work, etc. – helped create a psychological cascade that eventually won out on one rainy afternoon. Had a few other events not been there, might have been a different story, but that's the point of this guide. Regardless of the event or series of events, it will help keep the strategy clear and psychology more intact.