Tag: behavioural finance

Monday morning, waiting for markets to open. Today I decided that I won’t be looking at the goings on. It’s not productive and not useful, as I won’t sell into the pending chaotic days ahead. That doesn’t mean I won’t fret. However, I have noticed that although the markets are down from the highs, individual stocks have fared much worse. It just reinforces my next steps to reduce the volatility of my portfolio. I look at some of my old posts, and I didn’t take my own advice. Sorry state of affairs.

Sometimes it’s hard to give up old habits. I’ve tried my hand at stockpicking for a long time. What I did not learn is that you should sell when others are buying and buy when others are selling. In April 2025, I should have been loading up. Instead, I was selling. The corollary of that is now I should be lightening up, but for many reasons, I can’t be out of the market. So as I mentioned before, looking at ETFs. For the most part, the ones I’m looking at did a lot better over the last few years than I did.

I didn’t trust my instincts. Sold too early into falling markets. Didn’t learn a darn thing in 50 years.