Negative Mindset And How It Affects Your Investments | 2022 | Henrrey Pang

Negative Mindset And How It Affects Your Investments


#henrreypang @Henrrey Pang 邝玟维

Your mindset represents your series of thoughts that are formed based on a number of factors. Who you are, your environment, your circle of influence, your level of education and so much more.

Just as you have heard countless times, you are a product of your dominant thoughts. When those thoughts are positive, spurring good actions and having the power to effect change, the results can be amazing.

Think of it like the placebo effect where your mind is above matter and you can control the outcomes of your life when you focus on them.

However, just as the other twin of the placebo is nocebo, the other side of a negative investment mindset can set you on a wrong trajectory.

1: Fear

2: Overconfidence

3: Discouragement

4: Anger

5: Bandwagon effect

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