Image Credit: Giuseppe Arcimboldo, “Fire” (1566), Kunsthistorisches Museum, Vienna
It isn’t just your portfolio that’s getting pounded. You are, too.
Every financial asset is falling at once, and the economy itself seems to be imploding. All investors — individuals and professionals alike — need to understand the havoc this kind of stress wreaks on the human brain. To keep it from destroying your long-term investing plan, you will need to manage that stress and restore a sense of control.
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This article was originally published on The Wall Street Journal.
Further reading
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money