Mental Health Tips for Investors
Investing is stressful. It takes sound mental decisions to weather the ups and downs that come with the markets and investing in general.
Below are a few simple mental health tips to help investors remain centered. btc ftx cz japa
🧵Visualize the Results of Long-term Investing Goals.
When you make a long-term investment, consider visualizing the long-term results. That way, you mentally enjoy the feeling of getting to that goal even while your money is still growing.
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🧵Develop a Financial Roadmap
Failing to have a plan results in increased anxiety and uncertainty in some situations. Consider your financial journey like a long road trip.
Determine your starting point and where you would like to be down the road each step of the way
🧵Understand That Uncertainty is Inevitable.
Even with a well-rounded plan, you should expect some level of uncertainty.
Surprises and setbacks may occur, but if you understand this ,
it may be easier for you to handle these issues with less anxiety and stress.
🧵Cut Out Background Disturbances
It may be tempting to try and stay on top of trends in investments through various financial media outlets.
However, in the end, following these too much may result in too much noise and confusion
btc ftx cz japaThis post is based on this twitter thread.