Investing your money in worthwhile ventures and investment vehicles is a worthwhile pursuit. The desire to see your money grow and to secure your financial future is normal and encouraged in most cultures. Is investing turning into something that is out of control? Is your pursuit to leverage your savings to make more money turning into an addiction that borders on something unhealthy?
The emotions that follow a successful investment are unlike any other that you may ever experience. Finding a solid investment vehicle and researching the investment. Looking at the market carefully and then coming up with a game plan is thrilling. You enter the market and invest your money and then this is where the real fun starts. You're in and your heart is beating in your chest. You watch with anticipation as it all plays out as you had hoped. You sell off the investment, collect your reward and the rush of emotions flood your body. There is nothing like it in the world and you're hooked. You want that feeling again and again but you know that this thrill is only part of the process of investing.
It is when we allow the emotion to dictate who we are and what we do that investing becomes a true addiction. We confuse the outcome of the investment with who we are as a human being. We feel like we are winners if everything plays out as we had predicted and our investment is successful. We are a winner because our choice was correct and it turned a profit. When an investment doesn't turn a profit and we find ourselves on the losing side of an investment it might be tempting to feel like we are a failure. Our investment was a failure so we are a loser. The emotions compound upon each other and soon we find ourselves in a situation wondering how we got there.
If you find yourself checking hourly on your stock or the prices of gold or any other investment that you currently have money invested in then you might have a problem. You might try to rationalize this by saying that you're keeping an eye on your investments but you probably already have sell orders and stops in place to take care of the need to keep an eye on your position every minute of the day. Obsessing about a stock or investment shows that you're emotionally involved and a good investor removes all emotion from the investment decision.
Do you find yourself constantly looking for an edge or tips for hot stocks? This kind of behavior is similar to what goes on at a race track, wouldn't you agree? While searching for an good investment and being an educated investor is wise, looking for underground news or tips on what is going to happen in your chosen market are signs that something is wrong. That feverish feeling overcomes you and you simply must find a winner. You are willing to do anything. You subscribe to clubs and mailing lists to find that sure thing and you chase that rush.
Most of us have one or two investment types that we prefer. We all have a knack for picking stocks, a feel for a certain currency pair or we enjoy investing in companies that we know a little bit about. If you find yourself chasing after profit and trying many different types of investments because someone told you that they know this particular investment is going to pay off then you might have a problem. Stick to investments that you enjoy learning about. Venturing off into uncharted territory when money is at stake is an unwise investment no matter where your information came from.
Lastly, if you find yourself using money that is earmarked to pay bills or that is put aside for savings or your child's education then there is a real problem. Stealing money from savings accounts or other investments because you lost some money on your last investment or because you feel a need to make money is a sign that there is a problem. Lying or not telling a spouse or partner about your investments and thinking that you can return the money as soon as you cash out is your investment addiction talking and no common sense.
Investing is a wonderful thing to do with your money. Over the long run, you will find that if you make intelligent choices based upon both facts and your feel for a market, you can do very well. The temptation to let your emotions get the better of you and force you to make decision that you otherwise might never make is a sign that something is wrong. Take this seriously. You obviously have a talent and a desire to make more of your life. Keep your emotions in check and don't let investing become an addiction for you.
The emotions that follow a successful investment are unlike any other that you may ever experience. Finding a solid investment vehicle and researching the investment. Looking at the market carefully and then coming up with a game plan is thrilling. You enter the market and invest your money and then this is where the real fun starts. You're in and your heart is beating in your chest. You watch with anticipation as it all plays out as you had hoped. You sell off the investment, collect your reward and the rush of emotions flood your body. There is nothing like it in the world and you're hooked. You want that feeling again and again but you know that this thrill is only part of the process of investing.
It is when we allow the emotion to dictate who we are and what we do that investing becomes a true addiction. We confuse the outcome of the investment with who we are as a human being. We feel like we are winners if everything plays out as we had predicted and our investment is successful. We are a winner because our choice was correct and it turned a profit. When an investment doesn't turn a profit and we find ourselves on the losing side of an investment it might be tempting to feel like we are a failure. Our investment was a failure so we are a loser. The emotions compound upon each other and soon we find ourselves in a situation wondering how we got there.
If you find yourself checking hourly on your stock or the prices of gold or any other investment that you currently have money invested in then you might have a problem. You might try to rationalize this by saying that you're keeping an eye on your investments but you probably already have sell orders and stops in place to take care of the need to keep an eye on your position every minute of the day. Obsessing about a stock or investment shows that you're emotionally involved and a good investor removes all emotion from the investment decision.
Do you find yourself constantly looking for an edge or tips for hot stocks? This kind of behavior is similar to what goes on at a race track, wouldn't you agree? While searching for an good investment and being an educated investor is wise, looking for underground news or tips on what is going to happen in your chosen market are signs that something is wrong. That feverish feeling overcomes you and you simply must find a winner. You are willing to do anything. You subscribe to clubs and mailing lists to find that sure thing and you chase that rush.
Most of us have one or two investment types that we prefer. We all have a knack for picking stocks, a feel for a certain currency pair or we enjoy investing in companies that we know a little bit about. If you find yourself chasing after profit and trying many different types of investments because someone told you that they know this particular investment is going to pay off then you might have a problem. Stick to investments that you enjoy learning about. Venturing off into uncharted territory when money is at stake is an unwise investment no matter where your information came from.
Lastly, if you find yourself using money that is earmarked to pay bills or that is put aside for savings or your child's education then there is a real problem. Stealing money from savings accounts or other investments because you lost some money on your last investment or because you feel a need to make money is a sign that there is a problem. Lying or not telling a spouse or partner about your investments and thinking that you can return the money as soon as you cash out is your investment addiction talking and no common sense.
Investing is a wonderful thing to do with your money. Over the long run, you will find that if you make intelligent choices based upon both facts and your feel for a market, you can do very well. The temptation to let your emotions get the better of you and force you to make decision that you otherwise might never make is a sign that something is wrong. Take this seriously. You obviously have a talent and a desire to make more of your life. Keep your emotions in check and don't let investing become an addiction for you.
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Visit http://ira-gold-rollover.com/ to learn more about investing and creating wealth. Discover where the world's truly wealthy are investing these days.
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