When you buy a stock, one of two things will inevitably happen… It will go up. Or it will go down.
But the truth is, things can get complicated quickly. And as that happens, it often leads to one of the biggest mistakes an investor can make… letting your emotions get in the way.
When you let your emotions take over, you often rush into decisions that you’ll regret later. That’s true no matter which way a stock is moving.
But by following a simple process, you can avoid costly mistakes and make smarter, less emotional investing decisions.
This post originally appeared at DailyWealth.