“Yes, we live in trying times, and investors should be concerned about a feeble economy and volatile, often irrational markets. But now more than ever, we need to shunt aside emotions and approach our investments with logic and detachment, and take a long-term view,” writes Bob Frick, Senior Editor, Kiplinger’s Personal Finance in a timeless Kiplinger’s personal finance article “How to Be a Better Investor.”
One of the most common and damaging mistakes investors make is chasing “winning investments” – and “selling losers.” In other words, an emotional response to irrational markets can only make that indigestion worse.
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Emotions and Investing – Don't Just Feel It – Think It Through …