Contagious Positive Thoughts & Reaching Goals! #Finance #Psychology #Motivation
Ever felt happy after meeting an old forgotten friend or without any reason, sad after watching a sad movie like Titanic or Endgame? Ever felt like buying something which many others are buying and because it’s trendy? Yes, we all have experienced that and it’s not a rare thing these days as we all seem to imitate others without even knowing! This phenomenon covers finance, motivation and psychology. The share market or the stock market is a good example of how behavior of the crowd affects us and the economy too. We usually buy the rising stocks because others are buying it or recommend it. When a lot of people buy a stock, the price increases and thus, making the imagination of a high priced stock a reality. The only problem occurs when we buy a popular stock and then all of a sudden, due to some news, people start selling it and forcing us to sell as well if we don’t want to incur a loss. The same happens in the real estate market and commodities market too. ...