When it looked like the sky was falling for the markets back in March 2020, do you remember what was your first reaction? 

If your answer to the first question was “fear”, “panic” or any other associated synonyms, then you are normal. This feeling stems from our basic instinct of “flight or fight” when faced with precarious situations.

And what was your first decision that came to your mind after the reaction?

If your answer to this question was “liquidate”, “sell everything and run for the hills” or something like that, it is still normal. This is the feeling of “loss aversion”, where (according to studies) people prefer not to have losses than to have gains.

Imagine if you had carried out that decision, and looking at it retrospectively, what would be your immediate feeling and thoughts?

If your answer is “regret”, “I should have