A 'false sense of confidence' is a big threat to young investors - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Overconfidence is one of the most common biases among investors. Presented by Fidelity MasterYourMoney

. Popular stocks on these platforms included tech companies like Amazon and Facebook, which have experienced outsize gains throughout the recovery, Roberge said. , marking one of the fastest bear-market recoveries in history. Investors who achieved double-digits gains with relative ease might see it as a feather in their cap.

"With that false sense of confidence, the only thing that's going to happen to you is you're going to get upset at some point in the future when that sector, that stock is not doing as well anymore," Roberge said. "And you suffer a 30%-plus loss and then say, 'Oh, the stock market is not for me. It's just a gamble. I'm done.

, agreed that there'd been a "false sense of confidence" afoot since the stock market skyrocketed from its lowest point during the pandemic.investors exhibit is overconfidence, often driven by an illusion of control. When investors believe they have control over a situation — which direction a stock will move, for example — they tend to overinflate their abilities and think situations are less risky than they are.

"It's a really challenging situation we face when we start to believe that our smarts, our active management is actually producing better-than-average results and all you have to do is continue to do those activities to make it work," Roberge said. Edmondson said he tried to help every client understand that there will be ups and downs in the stock market and that neither should be the sole reason they sell their investments. The only sure way to success for an investor, he said, isA selection of our best stories daily based on your reading preferences. Sign up for Insider Select.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Fidelity phil_sett

Fidelity Totally accurate. I was super confident until the pandemic hit. Had to make smart decisions and hold through months of loss. On the year now, I am doing better than my contemporaries, but only because I got slapped in the face by reality.

Fidelity Another prominent threat is largely baseless opinions and projections thrown around by journalists with no real standing in the industry.

Fidelity 90% of news about covid and trump

Fidelity Bitcoin is legit 100$ then you earn 500$ in 48 hours message her cassieforex

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Inside the SolarWinds cyberattacks – FireEye leader explains discovery - Business InsiderInside the discovery of the massive SolarWinds cyberattacks: FireEye's top expert explains how his team found a 'needle in a haystack of needles'
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside the tragic last months of ex-Zappos CEO Tony Hsieh - Business InsiderTony Hsieh sold Zappos for $1.2 billion in his 30s. He was dead by 46. Inside his final Park City months, where he hoped to deliver more happiness as he spiraled.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside high-end custom pianos with Steinway & Sons CEO, Lenny Kravitz - Business InsiderInside the highest end of high-end pianos, with classic brand Steinway & Sons and its newest collaborator, Lenny Kravitz wow
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

GPS data shows Trump supporters made it deep inside US Capitol - Business InsiderGPS data tracked 618 videos from Parler users inside the US Capitol last week. The mob made it deep inside the building. Well no kidding... That's what happens when the authorities welcome them in, and then directs them to the House Floor. OH! And lets not forget about the selfies the cops took with 'protesters' either.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Inside BuzzFeed and HuffPost's acquisition: 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »