Investors in stocks that have recently gone up in price are often caught in the fallacy of "Being Too Late".
Tesla share price has high an all time high and a lot of people will feel that it is now way too late to invest in the stock.
Surely the share price can't keep on going up - this would be a very bad time to invest, right?
And there is a degree of bitterness at having missed out on the investing opportunity when Tesla stock was trading at half its current value earlier this year.
But the problem is that this way of thinking is bringing emotion into your investing decisions.
In this video I explain how you can determine whether you ARE too late to buy stocks and how you can make that decision.
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DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.
