The Real Estate Espresso Podcast (0:5:03)
On today’s show we’re talking about emotional investing. We are emotional creatures who often make emotional decisions.
The old adage is to buy low and sell high. But left to our own emotional devices unchecked, humans are inclined to buy high and sell low. Humans are motivated by both fear and greed when it comes to investing. These two emotions are naturally designed to protect us in the wild. But these two emotions are rather ineffective in protecting us against what happens in the market.
If you look at the statistics of what is actually happening in the market, the majority of investors buy high and sell low.
It doesn’t matter what the asset. It takes discipline to be counter cyclical.
—————
Host: Victor Menasce
email: [email protected]
