Why We Sell Stocks Cheap After a Crash and Buy When Expensive Before a Crash
How to Stop Making Investing Mistakes I Free Wealth eBook
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Real life investor, entrepreneur and personal finance author Camille Gaines explains how to stop making investing mistakes which can lead to buying investments high and selling investments low.
1. Following herd mentality can lead to investing mistakes
2. Another reason we make investing mistakes is because we recall what went wrong much more intensively than what went right. Roy F. Baumeister, social psychology professor at Florida State University, co-authored an article in 2001 called ͞Bad Is Stronger Than Good͟. He explains that research shows time and time again that this is a basic principle of psychology. He says that it is human nature, and even animals show signs of it.
3. We have our ancestors’ mentality in our subconscious mind which can often trigger investing mistakes. Today, our parents and grandparents experienced the Great Depression.
If you're wondering how to stop making investing mistakes, begin by looking at these 3 reasons why you may be making them.
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Camille Gaines Financial Coach
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