Human Behavior

[MrMoogle]

Here's a pretty good article about describing human behavior as it relates to investing:
http://www.kansascity.com/news/business/personal-finance/article9075311.html

Personally, I recognize loss aversion in me, "The P/E ratio is so high, I should get out of the market."  No dummy, you can't beat the market, just stay in...

[Miss Prim]

After reading a lot of articles over the years about dollar cost averaging, I decided to just set it and forget it!  I didn't panic in 2008 and just kept on doing the same thing.  I knew the market would go back up eventually and that I was buying more shares with my money because they were lower. 

But, I did have a coworker who sold everything at the bottom and put it all in fixed accounts after I told him not to do it and why! 

                                                           Miss Prim