I've been automatically investing in index funds for three years but when the market drops I want to sell everything even though I know that's wrong, and the urge is so strong I deleted the apps from my phone.
More people experience this than they realize.
The confrontation with financial loss reveals how intellectual understanding of long-term investing collides with primitive fears about safety.
“Where Are You with Saving and the psychology of deferred gratification?”
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.