Sirwin
Sirwin

Beyond Fear and Greed


I am writing this on my phone while stuck out with nothing to do, so please overlook the grammar, which will be worse than usual. This also why I don’t have my tomato pic within easy reach. 

I was just thinking about a book from a class I was in years ago that attempted to explain why we act the way we do with the stock market. 

The reason it is in my memory is that we are currently seeing all time highs right now. My usual MO is to methodically add to my stock portfolio every month. Occasionally, I would see something dip and buy it. Even this, I tried to hold to a minimum. (A recent buy was Target when they took their recent drop, which has worked out in my favor.) 

The book talked at length at how human nature me creeps into our stock buying. Right now, even though it goes against my plan, I want to dump everything I can into the market. The “feelings” side of me sees all the recent returns and thinks I should jump in more. 

I have to force myself not to hop in at the highs. Who knows, maybe this isn’t the high. Maybe we are just getting started. We’ll see, but, I will continue my slow march to riches. (Unless, you got a great tip for me.)

How do you rate this article?

31


SeventyFourSeventyFive
SeventyFourSeventyFive

I am an American aquarium drinker. I assassin down the avenue. I'm hiding out in the big city blinking. What was I thinking when I let go of you?


Interesting Thoughts, That Aren't Always Mine
Interesting Thoughts, That Aren't Always Mine

Just tidbits and info about whatever comes to my mind.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.