Riding the investment waves: Finding calm amid the thrill and panic
Just as individuals navigate profound personal loss, investors often cycle through distinct emotional phases when faced with market fluctuations.
I recall a client, let’s call her Mary, who, during the 2020 Covid pandemic, was gripped by panic as her portfolio value plummeted. She felt a sense of disbelief, questioning her investment strategy entirely. Later, during the post-crisis recovery, as markets surged, the fear of missing out drove her to make some impulsive investment decisions that, in hindsight, carried significant risk. Her journey mirrored the emotional stages many investors experience.
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The cycle of thrill and panic everyone experiences…
