It starts as a slight itch, or maybe a brief churn in your stomach. You try to ignore it, but eventually the symptoms are unavoidable and you need to take action. No, we aren’t talking about your mother-in-law’s cooking, we’re talking about investing FOMO, or the fear of missing out.
FOMO is an emotional reaction in which impatient traders pile into high-flying stocks, creating upward momentum. However, this contradicts one of the most timeless investing axioms: Buy Low, Sell High. If you feel FOMO is starting to course through your veins, avoiding rash decisions is crucial.
