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Friday, April 23, 2010

DIY Investor Newbie - Risk Tolerance (Cont.)


As you view the video, notice the questions that have to do with emotions. Emotions are the enemy of the investor. Emotions cause investors to get carried away as prices rise and to capitulate at bargain basement prices. If you are too emotional, you are better off letting a professional handle your money.


Posted by Robert Wasilewski at 2:50 PM
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2 comments:

  1. The GrouchApril 24, 2010 at 10:12 AM

    Great cartoon.... as ridiculous as it looks that type of stuff does happen.

    ReplyDelete
  2. Robert WasilewskiApril 25, 2010 at 9:41 AM

    I read somewhere that it was the Economist magazine's most popular cartoon and traders said that it gives the actual feel of the trading floor.

    ReplyDelete

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