1. Warren Buffet once said, "The fact that people will be full of greed, fear or folly is predictable; the sequence is not predictable."
2. Very often, investing traits are an outcome of rigidly cast personality-driven emotions, despite knowing that a logical, risk-profiled financial plan will serve financial goals better than one based on emotions.
3. A person's temperament is also instrumental in his conviction towards his investment ideas and choice of products.
4. These are evident in the stock market performance on a daily basis, and in fund returns of the same category on an annual basis.
5. Hence it is important to keep developing our ability "to ride the course", without being distracted by noises, event flows, etc., and prevent serious long-term repercussions.
2. Very often, investing traits are an outcome of rigidly cast personality-driven emotions, despite knowing that a logical, risk-profiled financial plan will serve financial goals better than one based on emotions.
3. A person's temperament is also instrumental in his conviction towards his investment ideas and choice of products.
4. These are evident in the stock market performance on a daily basis, and in fund returns of the same category on an annual basis.
5. Hence it is important to keep developing our ability "to ride the course", without being distracted by noises, event flows, etc., and prevent serious long-term repercussions.