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How FOMO, Doom, and Ego Impact Your Money — ft. Morgan Housel

Prof G Markets

NOTE

Dollar Cost Averaging and Financial Traits

Consistently investing a set amount, regardless of market conditions, through dollar cost averaging into index funds is a proven strategy suitable for the majority of investors. Attempting to time the market is futile, with only a small percentage having the necessary skills. Seeking certainty in uncertain times, impatience, and gullibility are common but harmful financial traits that can lead to poor decision-making.

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