Curing Investment Fever
If you are a stock market investor, seasoned or otherwise, one of the most important lessons you should learn is how to keep your investment "winnings." Too many times, a large gain in the stock market will convince an investor that she is an investment guru--until she suddenly loses her earnings in a bad investment the following month.
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Do not let a big profit get to you. Some experts say that winning a large amount of money in a stock market investment can be just as mentally devastating as losing the same amount. Why? Because big winners will often catch "investment fever," and, so excited by their big wins, they will look again and again for the same earnings potential, and will ultimately lose all their earnings to the disease in the form of bad investment decisions.
Most importantly, do not think that just because you suddenly find yourself with a large amount of cash with which to purchase new investments, you should deviate from your past, successful investment strategy. Keep yourself under control, take a break from trading if you have to, and keep on a straight course.
Just bought my first SMA and was very happy to have gone through Immediate Annuities.com. I found them in an article in the Wall Street Journal. As a first time buyer, I had a lot of questions. But to their credit, they did a great job answering my questions directly or getting the right answers from the right people when they needed to.