Ever find yourself scrolling through social media or watching the news, and suddenly you're feeling the weight of the world on your shoulders?
Yeah, it happens to the best of us.
I've put together a video—short, sweet, and right to the point—about staying grounded amidst the whirlwind of negative news and updates that flood our daily lives. Hope this helps!
The S&P 500 broke the 5,000 level recently for the first time in history as investors embraced euphoria and rallied. (1) And then tumbled as investors got jittery. (2) Then yo-yo'd a bit more.
What’s going on?
Let’s talk about investor psychology.
Fear and greed are the two halves of the investor psychology coin.
What ignites your greed or fear when it comes to money? What causes those emotions to go from 0 to 100 in a matter of seconds? The answers to those questions are different for all of us.
Still, most of us get at least a little antsy when the markets are volatile. But what about outside of that?
We all have fear and greed triggers, and those can surprise us if we don’t know what they are. That can lead to poor financial choices and extraordinary losses.
And all of that could have been avoided if we’d only had the upper hand on fear and greed.
