08-22-2014, 08:39 AM
I am planning on continued investments for the long term and I'm definitely overthinking. It's the logical vs emotional struggle. What I should be doing is making investments based on the info I have today and not worrying about tomorrow. I'm in the early stages of setting up this portfolio and I think my biggest challenge is getting over the emotional fear of making a mistake (or taking a short term loss) and focus on the long term success of my overall portfolio.
For me, I'm excited about setting up my new portfolio, spending as much time as I can researching stocks and ready to pull the trigger on some new positions. In the past I have been a little gunshy and missed opportunities, but I don't want to impulsively buy something just to buy either. I'm finding that no matter what the markets are doing there is always an emotional reason not to invest. I'm trying to stick to my investment plan and make the best decisions I can with the information I have.
For me, I'm excited about setting up my new portfolio, spending as much time as I can researching stocks and ready to pull the trigger on some new positions. In the past I have been a little gunshy and missed opportunities, but I don't want to impulsively buy something just to buy either. I'm finding that no matter what the markets are doing there is always an emotional reason not to invest. I'm trying to stick to my investment plan and make the best decisions I can with the information I have.