5min chapter

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THE PSYCHOLOGY OF MONEY - Commented Book

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CHAPTER

Why You Shouldn't Be Rational With Your Investments

The historical odds of making money in US markets are 50-50 over one day periods. Day trading and picking individual stocks is not rational for most investors. The inevitable down times when you're losing money or the company needs help are blunted by the fact that at least you're part of something meaningful.

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