Ask Leo: Why should an investot Manage His Emotions

in #newlion2 years ago

There is always a tendency to fall out in the greed level as an investor. Every human has this percentage of greed, the only difference in every man is the ability to manage it. That's what makes a difference between two persons.

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As investors, there is a high need for us to manage our emotions. In my post today I will be giving out feel ways I think will help us manage our emotions.

  • Do not be in a haste to invest:it is very important as an investor to check every project you will like to engage in, see the money is always there so don't feel you are missing out totally to the point that you will not make a little research before investing into a project.
  • Do invest more than you can forget: Sometimes we fall into projects that crumble upon the careful research we did. We mustn't invest more than we can let go.
  • Always create an allowance while investing: Do not invest everything you have at a time. Make an allowance because the time between the maturity of the investment there is a waiting. Some people forget to put this in place and they end up removing their investment before the maturity time.

Every investment has an insulation period, if you feel you can't wait, don't start.

This is my little advice for the day. I hope this helps someone to make wise decisions today.

Thanks for reading.

Posted Using LeoFinance Beta

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