Overcoming Fear in Investing
Paul shares his struggle with fear and how it has led him to be overly conservative in his investment choices. He emphasizes the importance of adopting a more mechanical investment strategy to increase the probability of success. Brad highlights that this fear of loss is a common human experience, reminding us that psychology plays a significant role in financial decision-making.In this clip
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130 | Paul Merriman | The Ultimate Buy and Hold Portfolio
Related Questions
Is it okay to make investing mistakes as discussed in the episode 19: Denise Shull | How to Turn Bad Emotions into Good Decisions and the clip Fear of Future Regret?
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Do we tend to focus on loss or gain in decision-making as discussed in the episode 806 - Are You Too Negative? Dr. Benjamin Hardy Helps Us Answer! in relation to 575: Benjamin Hardy | Minding the Gap and the Gain and the clip Turning Experiences into Gains?