You’re probably familiar with the rush of relief you feel when you manage to narrowly avoid a disaster. Maybe you hit the brakes just in time to avoid a car accident. Or you catch that antique vase you bumped into just in time to keep it from smashing into a thousand pieces. Life is full of near misses. They happen in the investing world too—and when they do, investors sometimes react in surprising ways. Read on to learn why it’s important to keep things in perspective after a near miss—and how financial advice can help.
3 important things to remember after an investing near miss
Content inspired by the insights of Vanguard Senior Behavioral Scientist Annie Wilson, PhD. Annie received a PhD in consumer behavior from Harvard Business School and now works with Vanguard’s Center for Analytics and Insight.