Panic sellers during stock market dips are often married men with children

  • 📰 CNBC
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

When the market drops, men who are over age 45, or are married with children or have self-described “excellent investment experience” are more prone to sell-offs, MIT research shows.

While the study doesn't uncover why some investors may be more vulnerable to emotional selling, financial experts say the findings raise further questions about how these factors — gender, age, marriage and family — affect behavior.

The research suggests these sellers have emotional overreactions defined by their decisions having the opposite of the intended effect, said Amanda Clayman, a financial therapist in Los Angeles.While most investors are vulnerable to emotional choices, the findings from MIT align with other research showing men may be more prone to acting on their impulses.

Women are not as likely to take a huge decisive action like this because they're not quite sure that their impulse or their feeling is correct."Women are not as likely to take a huge decisive action like this because they're not quite sure that their impulse or their feeling is correct," Clayman said., and trying to time the market often leads to lower performance.from the University of British Columbia finds.

"They sometimes feel that if they know enough about a subject, they should be able to control the outcome," she said. "Unfortunately, there are far more variables at play when attempting to time the market." And once these investors get lost, it can be tough to seek guidance if they feel it's their role to solve the problem on their own, she said.

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:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bitcoin I’m doing $1,000 Challenge To $10,000 target In the next 1 week. We will work on Binancefuture & Coin-Pumps 30%+ daily earnings, Started 1 Weeks Ago, Already At $3,000 📲Who Wants To Join Us Can Contact Me, For More Info

I hope you are not saying men over 45, married with kids and happily invested are the dumbest guys in Wall St. Most people forget that we are all made to look smart by one person in America - Fed Chair Powell. Market wobbles when we have doubts in our beliefs.

So I got a reason not to marry😂. Diamond hands💎🙌

Buying high and selling low is a commonly employed strategy of these folk

good

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St Week Ahead Bruised market eyes Treasury yields to gauge stocks' pathInvestors are focusing on Treasury yields as a key factor in determining how stocks will fare the rest of the year, after a month in which equities notched their steepest losses since the coronavirus pandemic began.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks rebound but still close out worst week since winterWall Street rebounded on Friday, led by companies that would benefit most from a healthier economy, but not by enough to keep the stock market from its worst week since the winter. good
Source: latimes - 🏆 11. / 82 Read more »

ADNOC Drilling starts trading with $10 bln market capAbu Dhabi National Oil Company (ADNOC) will list on Sunday its drilling unit in a $1.1 billion initial public offering (IPO), the largest ever on the Abu Dhabi stock market.
Source: Reuters - 🏆 2. / 97 Read more »