Muddled minds harm investors so we need awareness of the psychological effects of isolation and confused thinking. This discussion continues the 10 Paralyzing Mental Blocks of Investors introduced in the last post. Isolation and confusion can quickly produce confused thinking and mentally block an investor from making the right decisions. Part 6 of the White Top View Series, Mind Game discussing emotions and psychological aspects of investing.
Tag Archives | mental blocks
The attached stubborn and helpless investor continues the discussion of the 10 Paralyzing Mental Blocks of Investors introduced in the last post. This post discusses the challenges of attachment, stubbornness and helplessness that can mentally block an investor. Part 4 of the White Top View Series, Mind Game discussing emotions and psychological aspects of investing.
For investing success, control actions – use emotions! As an investor, emotions are as intimate to you as your heart or brain. To be the best investor you can be, you absolutely must control your actions, your behavior. Do not waste a scintilla of time or an iota of energy attempting to control your emotions. Rather control your response to emotions – your actions. Your very useful emotions help you. A seismic shift in investor thinking has been under way for a very long time. Now going mainstream, emotions are being acknowledged as a core part of the investing behavior of humans. In fact I should more correctly present the topic as the psychology of humans making financial decisions.
Investing success means knowing how to control 10 paralyzing mental blocks of investors. By controlling mental blocks knowledgeable investors give themselves a huge advantage. That advantage empowers you to control your investing future and build financial security and retirement independence. The 10 Paralyzing mental blocks: Fear, Greed, Attachment, Stubbornness, Helplessness, Optimism, Running with the herd, Changing yesterday, Isolation, Confusion. Continues Series, Mind Game, a discussion of emotions and psychological aspects of investing.
Irrational behavior in normal markets are one can puzzle investors, especially investing novices. In fact, irrational behavior and normal markets are perfectly normal. They are the same thing. Most people think of themselves as rational beings. However when it comes to investing you can see much irrational behavior. Part 2 of the 6 part White Top View Series, Mind Game, discusses emotions and psychological aspects of investing.