Your Sense of Self in a Down Market When the market crashes, turns bearish, or severely corrects, we not only lose objective things such as money. We also lose the sustaining functions of which the investing process (and or money, which may psychologically represent self esteem, independence, power, etc.) has been the source. That means, in addition to objectively not having the money to buy that new house or car, our self-esteem drops, our capacity …
showed first 75 words of 1622 total

showed last 75 words of 1622 total
…Which stocks in those industries should I be prepared to buy, and at what price? What new choices do I have to play this down market that I haven't thought about before? Such personal questioning revives our lost confidence and generates new motivation to re-engage in the market. By continually attempting to understand the personal ramifications of external market events, we can free up unknown strengths and put them to work in re-entering the market.