The Damage That Emotions Have On Investing

Dan Fleyshman, at one of the recent mastermind events spoke about investing in something that started to tank; he got emotional and pulled his money out right before it skyrocketed. He realized he should have just left the money alone. So now he gives himself permission to invest 20% of his money into whatever he wants and leaves it alone. The lesson here is to define what you feel comfortable with in order to reduce emotional decisions.