From Josh Brown at The Reformed Broker, a nice picture of investor emotions as they ride the market roller coaster. All credit to Blackrock, who came up with this funny/sad/true graphic.
Blackrock’s emotional roller coaster
(click on image to enlarge)
One of the important roles of a financial advisor, I think, is to keep clients from jumping out of the roller coaster when it is particularly scary. At an amusement park, when people are faced with tangible physical harm, jumping does not seem like a very good idea to them—but investors are tempted to jump out of the market roller coaster all the time.
Awesome and pretty interesting article. Your point of watch is more or significantly less the same as main. Many thanks!
I couldn’t refrain from commenting. Perfectly written!