OK, what are we going to do NOW?
The first thing we are NOT going to do is panic. Two things are driving this drop in the global stock markets: fear and lack of understanding.
Secondly, this post is NOT made out of fear, but concern. Concern not about the markets, but concern about your fears and [...]
Everyone has loss aversion. Loss aversion is expecting high returns with little risk and it causes investors to search for investments that do not exist. This results in either no action being taken or investing in such investments that fail to meet expectations. Every investor hates to see negative returns; in order to be a [...]
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