Do You Agree Most Share Investors Have The Herd Mentality?

Money - Make More Money
Singapore
March 6, 2007 12:42am CST
That's why the sheeps always get slaightered. Do you agree? Regards, Edmund Ng http://www.internet-empire.com http://www.purchaseresume.com
1 person likes this
3 responses
• Singapore
6 Mar 07
Hi Edmund : Most investors who follow the herd mentality simply do not wish to take the effort to learn about investment. Most people would prefer the easy way out & buy shares based on rumors or tips without first checking whether such source is genuine or it's already old news. The worst is, they know when to buy but without the proper trading knowledge they don't know when to sell!! Actually if you set up a stop loss price level the moment you buy a share, the stop loss would be triggered the moment a drop in share price occurred. That would protect your trading capital from further carnage. But most people would just hang on to their losses hoping the stock market would bounce back but suffered another shock when another crash occurred, just like what happened to Japan's stock market correction yesterday. Thus, the best way to invest is to pick up as much knowledge about the investment that you're interested as possible before you dump your hard earned money blindly into the stock market pit. Yours Truly, Tony Chai http://options4u.blogspot.com
• Singapore
6 Mar 07
The same can also be said on Internet Marketing. A lot of people have the mentality that money would just fall from the sky. Regards, Edmund Ng http://www.internet-empire.com http://www.purchaseresume.com
@ram_cv (16516)
• India
6 Mar 07
Yes, your assessment is true. Most investors have the herd mentality. This becomes even more in these days of investment TV channels. All the rookie investors just listen to the so called experts and invest blindly. This leads them not only to losses but also missing the bus in good investments. Each investor should go through the details before he invests rather than follow the herd mentality. Cheers! Ram
• Singapore
6 Mar 07
Thanks. How's the market in India? Has it stabilized yet? Regards, Edmund Ng http://www.internet-empire.com http://www.purchaseresume.com
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• United States
6 Mar 07
Yes, most stock market investors do have the "Herd" mentality: I.E. the current stock market situation where there are large sell-offs, people will continue to do so because "everybody's doing it". Well, I for one, am going against the market, and I'm trying to buy up as much stock as possible in this current "slump".
• Singapore
7 Mar 07
Alright man. Hope you catch up the wave. Regards, Edmund Ng http://www.internet-empire.com http://www.purchaseresume.com