Investing FOMO: How do you stop it from running your money life? Explained
When markets boom, wedding conversations shift to stock tips, fueling FOMO. Investors often chase recent gains, entering late and exiting during downturns, leading to lower actual returns. A disciplined approach, focusing on long-term goals and a small 'mad money' allocation for experiments, is key to navigating market hype.
When markets boom, wedding conversations shift to stock tips, fueling FOMO. Investors often chase recent gains, entering late and exiting during downturns, leading to lower actual returns. A disciplined approach, focusing on long-term goals and a small 'mad money' allocation for experiments, is key to navigating market hype.
