The Emotional Investor: There’s No Crying in Investments
February 04, 2010 at 14:00 PM EST
Investing can be complicated. Not only do you have to worry about price fluctuations and bid-ask spreads, you’re also concerned about whether to buy, when to buy and when to sell. At the same time, investing is more than strategic analysis and trading mechanics. After all, investors are still human and emotions creep into our investment decisions far too often. Investors are not computers. We are human beings with families, mortgages, career pressures and a host of other emotional baggage that affects our decisions. We are subject to the confusing whims of the market. The distress of plummeting prices, the thrill of soaring…