Chuck Jaffe has written an excellent article that provides investors with some great market insights from a psychological perspective. Often times we, as investors, are our own worst enemy. Fear sells very well and it can have an influence on us as investors.
Heck, negativity sells. Look at all the recent articles that say over and over that the market is rigged against individual investors. What the heck is rigged? The fact that I have more research and access to the markets than one could humanly conceive 20 years ago? I’ve made some bad decisions as an investor and I’ve also had some dumb luck. Does that mean the market is rigged against me? Please. The market is a risky place by its very nature.
I highly encourage you give Jaffe’s piece a read. You will find it a breath of rational thought amongst a financial media that loves to scream the sky is falling at every other turn.