AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Navigating Emotional Investment Decisions and Managing Risk
This chapter emphasizes the importance of sticking to an investment plan, managing emotions during market volatility, and utilizing strategies like rebalancing and tax-loss harvesting. It stresses the value of a solid investment plan to navigate fear and greed, while cautioning against taking on excessive emotional risk to avoid impulsive decisions.