Investor Behaviors – Investing For Your Retirement

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MINT HILL, NC – Emotions can play a huge role when it comes to making decisions whether we like it or not.  As human beings, we experience ups and downs just like the stock market.  Our behaviors tend to dictate our decisions.  Here are a few behaviors that are noteworthy:

Overconfidence: Do you rate yourself “above average” when it comes to investing? Confidence is a great behavior, but too much of a good thing can be bad. When it comes to investing, overconfidence can lead investors to focus only on the upside and to underestimate the possibility of poor performance.

Short-Term Focus: Are you online checking your portfolio performance daily, noting every daily market fluctuation? Today’s technological advancements make it easy for investors to constantly monitor investment performance. It is always recommended to regularly evaluate a portfolio to be sure it is achieving its goals; however constant scrutiny could lead to short-term investor behavior such as frequent trading.

This article was written by Voya for use by your local Cambridge Investment Research Financial Advisor.

For more information, please contact me at (704) 817-4480 Option 2, or by email at  Stay tuned, this topic will be continued in next week’s issue.

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services are offered through Cambridge Investment Research Advisors Inc., a Registered Investment Adviser. Fulcrum Wealth Advisors and Cambridge are not affiliated.

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