Part 2/13:
The first key point is a reminder that while the stock market can feel rigged and unfair, it operates within established rules. It’s important for investors to recognize that their decisions directly impact their results, thus empowering them to take full responsibility for their financial journey.
Mindset is Crucial
Mindset plays a significant role in investment success. A staggering 90% of investing hinges on the ability to control emotions. Investors are often more likely to fail not due to a lack of technical skill but because they cannot manage their emotional responses during market fluctuations.