While we can never be completely rational when it comes to investing, Dr Ansons has some useful tips that could help you think about making decisions outside of “hot emotional states”.
From the importance of setting clear goals, staying the course and taking time to reflect, she outlines simple strategies that could help, particularly when dealing with challenging times in markets.
She says “Investing rationally can be a challenge. As humans, we tend to be focused on the here and now. But for investing, you really need to think about your goals over the long term. Think about what the future’s going to look like, what future life you want to lead.”