Comments on: MOB #88 – Emotional Investing http://www.millionaireorbust.com/archives/mob0088/ teaching you how to think about your finances Tue, 03 Jan 2012 12:21:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ctreit http://www.millionaireorbust.com/archives/mob0088/comment-page-1/#comment-21914 ctreit Sun, 10 May 2009 22:04:34 +0000 http://www.millionaireorbust.com/?p=119#comment-21914 I agree with Maria Isabel. We all face stress now and then and we all get emotional now and then. This also applies to money which should not evoke any emotions at all, but we all know it does. So, to get around making bad decisions under stress or in an emotional state I employ two tactics. One, I let a decision sit there for a little while if time is not of essences. Emotions and stress usually abate after a little while which allows for a calmer decision. Two, I talk to a friend of mine preferably if he or she is a trusted expert in the field. Both tactics have helped me avoid bad decisions in the past. I agree with Maria Isabel. We all face stress now and then and we all get emotional now and then. This also applies to money which should not evoke any emotions at all, but we all know it does. So, to get around making bad decisions under stress or in an emotional state I employ two tactics. One, I let a decision sit there for a little while if time is not of essences. Emotions and stress usually abate after a little while which allows for a calmer decision. Two, I talk to a friend of mine preferably if he or she is a trusted expert in the field. Both tactics have helped me avoid bad decisions in the past.

]]> By: Maria Isabel http://www.millionaireorbust.com/archives/mob0088/comment-page-1/#comment-21832 Maria Isabel Fri, 08 May 2009 06:02:37 +0000 http://www.millionaireorbust.com/?p=119#comment-21832 Decisions made under a lot of stress don't have the best outcome. Decisions made under a lot of stress don’t have the best outcome.

]]> By: Shawno http://www.millionaireorbust.com/archives/mob0088/comment-page-1/#comment-21725 Shawno Mon, 04 May 2009 19:06:32 +0000 http://www.millionaireorbust.com/?p=119#comment-21725 I think your coin toss method of predicting the market is at least as good (if not better) than any of the methods used by the "experts" on TV. I think your coin toss method of predicting the market is at least as good (if not better) than any of the methods used by the “experts” on TV.

]]> By: Allen Taylor http://www.millionaireorbust.com/archives/mob0088/comment-page-1/#comment-22137 Allen Taylor Mon, 04 May 2009 10:45:33 +0000 http://www.millionaireorbust.com/?p=119#comment-22137 Nice writing. You are on my RSS reader now so I can read more from you down the road. Allen Taylor Nice writing. You are on my RSS reader now so I can read more from you down the road.

Allen Taylor

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