Have you ever been affected by the FOMO effect?

Community

· Apr 26

Have you ever been affected by the FOMO effect? If so, in which investment or stock?

I got influenced by it in the beginning mainly in $NKE and $CVS. I did what everyone else was doing and was afraid of being left behind - which was a mistake. But I've taken a different approach over the last year, and I'm trying to be guided mostly by facts, not sentiment.

A community member's personal view, not investment advice. Community Guidelines

Trevor Mills @trev_mills Apr 27

It will probably affect everybody to some extent, but it's important to really look at the fundamentals and the numbers.

Malcolm Stokes @stokes_malky Apr 28

But the problem is that now stocks are not rising because of some fundamental, but for the last year stocks have been rising or falling mainly because of investor sentiment.

Nigel Thornton @_thornton Apr 27

It's important to work with it and not be influenced by it so much and not just buy the best known stocks.

Clive Bennett @_clivy Apr 28

So what would you buy?

⌘ K

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