Emotions play a significant role in investing from "summary" of Your Money and Your Brain by Jason Zweig
Investing is not just about numbers and data; it is also about emotions. Emotions are deeply intertwined with the decisions we make when it comes to our money. Fear, greed, anxiety, and excitement can all play a significant role in how we invest. When the stock market is going up, we may feel a rush of excitement and the urge to jump on the bandwagon. This feeling of euphoria can cloud our judgment and lead us to make impulsive decisions. On the other hand, when the market is down, fear and panic may set in, causing us to sell our investments at a loss. Our emotions can also be influenced by external factors, such...
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