Humans are naturally social creatures, and our brains would usually seek attention and crave social interactions without us even realising. Even in the realm of investing, we continuously look out for investment ideas from others as well as seek validation for our own.
Different investment philosophiesDifferent investors may have radically different investment philosophies, and this is the reason why some investors may not even agree on what constitutes a “good” investment. To give an example, some investors may look to invest in government-linked corporations for safety and security, while others may gravitate towards smaller companies for better growth prospects.
Different personal goals and objectivesEveryone has different personal goals and objectives in life, and their investment philosophy would internalise these goals and lead each investor to seek different targets and achievements. One investor may focus more on dividend flow in order to supplement his income, while others may be building wealth slowly and steadily over time by adding his capital into investments.
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