The Fear of Missing Out (FOMO) can lead to impulsive investment decisions and significant financial losses. In this post, we explore the dangers of FOMO and survivorship bias, offering insights into how these psychological factors can impact your investment strategy. Learn how to make informed decisions, avoid common pitfalls, and achieve long-term financial growth by staying disciplined and focused on your goals.
What happens when the predictions are wrong? Is it time to panic? Is it time to ditch our strategy? It's a fascinating question because it cuts right down to the question of what it means to live in an uncertain world.
How much inflation can the country afford before we’re in trouble?
When it comes to financial markets one thing you constantly hear is they hate uncertainty which is what is happening with the recent decline in stock market prices due to the coronavirus. And why exactly do the markets care about the coronavirus? They care because of its effect on global economic growth and on earnings for companies.
If you look just at the strength of companies in the S&P 500, earnings growth is looking to be above 19% and this is following over 24% in the 1st qtr. Consumer sentiment remains high, the Small Business Optimism index hit its 6th highest reading in history, the job market is robust, wages are starting to increase-things are looking pretty rosy. What hasn’t been fun is the market itself.
Before you pop open any champagne for New Year’s Eve, make sure that your money is ready for 2018.
