Conventional wisdom tells us to “keep the emotions out of investing.” But it’s easier said than done. Especially when you’ve held a stock for years and watched it cycle through the good times and the bad. Maybe it has even helped send your kids to college or pay off your mortgage.
It’s easy to get attached to stocks like these. But it’s also very dangerous. In today’s Two-Minute Retirement Solution, Steve McDonald explains why sentimental investors are setting themselves up to get crushed.