I cannot sell my losing stocks because that would make the losses real, so my portfolio is full of companies I no longer believe in.
More people experience this than they realize.
The pain of realizing losses creates attachment to failing investments that prevents rational portfolio management and capital reallocation.
“Where Are You with Behavioral economics — biases in financial decisions?”
Peri can explain why this happens, help you decide if this is the right situation for you, and point toward the right journey or coach.
If this sounds familiar, the Library can help you find the bigger picture.