Did you ever invest with your emotions rather than your brain?
How to Make a Million Dollars. I don't make your life, I make your life better. The personal finance blog of a young professional saving 1 million dollars for retirement. This site focuses on saving money, making money, investing money, and increasing net worth.
I'm in over my head.
About a week ago I jumped into a stock called MEDX after seeing it on CNBC's Fast Money. It had recently gained about 7% on news of a new anti cancer drug. I acted on emotion and greed. Don't make the same mistake. Not only did I deviate from my disciplined monthly investing of a small sum in a diversified index fund, but I payed a whopping $10 commission to make a real time trade using Sharebuilder. Now I'm in the stock and will probably lose money because I have to make more than $20 just to break even.
Did you ever invest with your emotions rather than your brain?
Did you ever invest with your emotions rather than your brain?
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