How to overcome the fear of losing money

Research shows that our brains are hardwired to avoid loss. This behavioural bias can often drive us to make irrational decisions, especially when it comes to our investments. Lydia Fourie discusses steps you can take to conquer your fear of losing money.

The current economic environment is enough to tempt us to just keep our money under the mattress. There are risks aplenty: With whispers of a global recession and the uncertainty around interest rate hikes, the market doesn’t seem to know what to make of it all. Volatility is the only certainty.

Read full article: https://www.allangray.co.za/latest-insights/personal-investing/how-to-overcome-the-fear-of-losing-money/

January 17 2023 By Lydia Fourie - Allan Gray