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Keep emotions in check while investing from "summary" of Investing Basics for Beginners by Razaq Adekunle
When it comes to investing, emotions can be your worst enemy. It is important to keep your emotions in check while making investment decisions. Emotions like fear, greed, and panic can cloud your judgment and lead to poor investment choices. One common mistake that many beginners make is letting fear dictate their investment decisions. When the market is down, it is natural to feel anxious and want to sell your investments to avoid further losses. However, selling in a panic can lock in those losses and prevent you from benefiting from a potential market rebound. On the flip side, greed can also be a dangerous emotion when it comes to investing. When the market is doing well, it can be tempting to chase after high returns and take on more risk than you can handle. Thi...
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