Do emotions play a role in financial decisions?
With the crazy rollercoaster ride we’ve all been on for the past couple of years (courtesy of the economy), have the factors that drive our savings, investment and spending decisions changed? Does “emotion” play a role? A recent report entitled “Market Cycle of Emotions” provides some interesting insight. The report was published by Edward Jones and provided to me by Jack Meece, an Investment Advisor with Edward Jones and a valued business partner of mine. My sincere thanks to him for allowing me to share it here.
Disclaimer: Always consult your trusted tax, investment, legal, real estate, and/or mortgage advisor to discuss your specific situation, as every individual’s scenario is unique. Excerpts from this blog are for general informational purposes only and should not be construed as specific advice.
leave a comment