Emotional Psychology of Investing
Money Tree Investing
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What Are the Five Stages of Grief?
Getevenitis is a way of avoiding the shame of having to take a loss. It's a way of mental bargaining, which says if i can wait till it comes back to my breakeven point, maybe then i can sell it. And so i played this mental bargaining game of what i call get even idis. As people don't want to have to feel the pain of the loss. By keeping it as a paper loss, they're not experiencing the same level of pain as they would feel if they sold it.
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