Emotions can greatly affect investment decisions in several ways. For instance, fear can cause investors to sell their investments during market downturns, potentially resulting in significant losses. Greed, on the other hand, can lead to excessive risk-taking. Overconfidence can cause investors to underestimate the risks associated with certain investments. Lastly, regret can lead investors to hold onto losing investments for too long, hoping they will rebound.
How should investors manage the inevitabilities of risk? What are the most powerful wealth-building...
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