Description
Every year, dozens of books are published that tell investors how to manage their investments. The overload of shifting theories and conflicting advice can make investing seem overwhelming. and unnecessarily complicated. If you really want to succeed in the stock market, you need to manage your emotions as well as your money. For too many people, emotions prevent them from making smart investment decisions and, in the long run, keep them from financial success. Now, for the first time, Mind over Money puts the psychology of investing to work for individual investors. A pioneer in the field of investment psychology, John W. Schott, M.D.-the "Money Doctor" has helped numerous clients to understand the psychology behind their stock market decisions. In Mind over Money, he shares the results of his research-and shows you how to turn your emotional approach to investing to your best advantage.
Whether you're a first-time investor or a seasoned hand, Mind over Money provides you with the psychological tools to identify your particular emotional investment style-and to maximize your strengths by overcoming self-defeating investment behaviors. Whether coping with greed at the height of a bull market or dealing with fear when the bears take over, Dr. Schott guides each kind of stock market player-the "I can't stop worrying" investor, the gambler, the impulsive investor, and many others-through buying and selling for maximum returns with minimum anxiety. With his sound advice, Dr. Schott puts you a step ahead of other investors by showing you how to gain control of your money and your emotions. ISBN:9780316773782
