https://www.cnbc.com/2016/04/26/investors-fail-because-of-this-impulse.html
For all the people who are looking for any reason to pull out of the market
Its simply a physiological bias, losing $5 is a lot more painful than missing out of $5 of gains but in the end they are about the same thing.
Loss aversion is also the main reason why people try to time the market and buy high/sell low or sit on the sidelines for years
Submitted August 07, 2018 at 10:34AM by SirGlass https://ift.tt/2nicMvS
