Avoid emotional investing from "summary" of Let's Talk Mutual Funds by Monika Halan
Investing can be an emotional rollercoaster. When the markets are up, we feel on top of the world, and when they are down, we feel like everything is falling apart. Our emotions can lead us to make irrational decisions that can harm our investment portfolio in the long run. This is why it is crucial to avoid emotional investing. When we let our emotions dictate our investment decisions, we are more likely to buy high and sell low. This means that we end up buying investments when they are at their peak, and selling them when they are at their lowest. This is the exact opposite of what we should be doing as investors. Instead, we should be buying low and selling high to maximize our returns. On...
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