The Psychology of Investing

I'm always fascinated by the psychology of investing. Recognising how your mind can really work against you during these periods is really important in overcoming that. If you don't have a financial adviser and your d i wire, it's really important to understand things like anchoring. Sun cost is an economic term, which means money spent is gone. You're not going to get it back. So there's a lot of psychological things that you have to kind of confront yourself with so that you're not letting these fallacies hurt your future investment returns.