. 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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Trump's relationship with multi-level marketing company ACN - 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. Can't make this shit up. Just read your hit piece on the laptop. 'Conservative Tabloid', 'Trumps personal Lawyer', 'Trumps handpicked DNI', Ron Johnson, Staunch Trump Ally'....paint that narrative. FBI says nothing to add. The laptop is real. Hunter even signed for the drop off. The media is scary.
Source: BusinessInsider - 🏆 729. / 51 Read more »
An Inside Look At This CEO’s Refreshing Way Of Doing Business In The Beverage IndustryFor Certified Holistic Educator, Raw Food Chef, Plant-Based Nutritionist, and Founder of organic juice brand Garden of Flavor Lisa Reed, it’s all about the juice.
Source: Forbes - 🏆 394. / 53 Read more »
Kenjo: Berlin-based HR tech startup raises $5.5m from VC investors - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
A founder wrote a blunt email to an investor when cutting ties - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US voters receiving foreign email threats telling them to vote Trump - 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. Politicsinsider dbongino: Biden Claims Boilermakers Union Endorsed Him - They Say He 'Blatantly Lied' 👇🏻👇🏻 Which is the very reason NOT to vote for Trump. Geesh. 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »
Maryland man arrested for threats to kidnap and kill Biden and Harris - 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. Trump's base supporters are SO nice Staged. Is this like the fake kidnapping of whitmer?
Source: BusinessInsider - 🏆 729. / 51 Read more »