Point of Maximum Financial Risk
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I think every investor has gone through this cycle in their investing careers – no matter how short or long they have been at it. The most important thing is not acting on these emotions, but rather looking at the facts only to make your investment decisions. That way you do not fail prey to those times of desperation and panic.
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finance girl said:
very cool site, and very true re: investor sentiment. That whole “not acting on emotions” can be tough!
August 17th, 2006 at 11:04 pm -
Grant said:
Yep, I’ve been through that one.
Fortunately, I recognized it before I pulled the trigger to dump my portfolio in the “depression” stage.
As they say, time heals all wounds (in most cases). In my case time taught me not to show up for the gun fight and get out while the gettin was good!
-Grant
TheCornerOfficeBlog.comAugust 26th, 2006 at 7:48 am
Secured Home Loans for UK Homeowners…
a list of secured loan brokers and sites that offer advice for homeowners looking for secured loans…