I visualized my grief at the stock market went…
I visualized my grief at the stock market went up, and I wasn’t in it, or if it went down, and I was completely in it. My intention was to minimize my future regret. So I split my contributions 50-50 between bonds and equity.
— from The Flight Plan (Purpose/Wisdom/Risk) · The Psychology of Money By Morgan Housel
Also belongs to
- The Heart in the Cockpit (Emotion/Awe/Anxiety/Regret/Empathy)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)