Control your emotions from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
Investing can be an emotional rollercoaster. It's easy to get caught up in the excitement of a rising market or the fear of a downturn. But successful investors understand the importance of controlling their emotions when it comes to making decisions about their money. When the market is going up, it can be tempting to jump on the bandwagon and invest more money in hopes of riding the wave to even greater profits. But this kind of emotional decision-making is often driven by greed and can lead to taking on more risk than is prudent. On the other hand, when the market is falling, fear can take over and cause investors to panic and sell off their investments at a loss. By controlling your emotions, you can avoid making impulsive decisions that can harm your long-term investment goals. Instead of reacting to short-term market fluctuations, it's important to stay focu...
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