SUMMARY:

Hey guys,

There’s a particular skill that separates great investors from good investors and that’s the ability to understand how psychology impacts investing decisions.

In today’s world we have so much access to information through channels like websites, social media and YouTube, that we’re susceptible to making knee jerk reactions when we fear missing out on the next meme stock or selling investments based on the latest stock market crash videos.

Literally, this is a very real problem. I can’t go a day without someone trying to grab my attention with a stock market crash video or communicating about the next big meme stock that’s about to shoot to the moon.

However, markets are known for being partially driven by fear and greed, and being aware of how to control your emotions can make a huge difference in avoiding bad investment decisions.

And in this video, I’m going to share 5 tips which could help you become psychologically a better investor.

Let me know what you think below.

CHAPTERS:
0:00 - Intro
0:55 - Be patient
2:14 - Ignore gossip
3:12 - Inverting investments
4:28 - Never chase losses
5:22 - Avoid hype
6:31 - Summary

WHO AM I:
I’m Andrew, a professional marketeer working for a Fortunate 100 financial services company. I make videos about personal finance, productivity and minimalism.

GET IN TOUCH:
If you’d like to talk, I’d love to hear from you. If you have a question, feel free to email me at a.henson@outlook.com. I try my best to reply to things but there sadly aren't enough hours in the day to respond to everyone.

P.S. I am not a Financial Advisor, any investment commentary are my opinions only.

#psychology, #investing, #stockmarketcrash, #memestocks,

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