How to Avoid the Pitfalls of Investor Irrationality - Deepstash
How to Avoid the Pitfalls of Investor Irrationality

How to Avoid the Pitfalls of Investor Irrationality

What is hard to avoid is the alluring temptation to throw your money away on short, get-rich-quick speculative binges.

  • Avoid herd behavior
  • Avoid overtrading
  • Sell losers, not the winners
  • Don’t buy into IPOs or trust “hot tips”

Everyone wants to earn more with less effort. At times, there are “get-rich-quick” schemes or trends that are incredibly tempting, but the best we can do is avoid these dangerous traps. It’s easier said than done.

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thomgutie

Academic librarian

A classic guide that blends history, economics, market theory, and behavioral finance to offer practical and actionable advice for investing and achieving financial freedom.

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