Emotions might lead you to make bad investment decisions over good ones. Here’s what to do
28 Oct 2024
The Straits Times
Fear is the biggest red-flag emotion to be wary of. Read more at straitstimes.com.
SINGAPORE - Investing and financial markets might be full of data, graphs and analyses, but one thing they do not chart is how much of it could have been driven by emotional investors.
We are inherently emotional beings, after all, and we cannot stop feelings from happening. What we can try to do is prevent our emotions and psychological behaviours from influencing us into making a bad investment decision – firstly, by being aware of how we are feeling, and then going through some mental checks before acting on it in the market.