Wednesday, November 24, 2021

Analysis paralysis or the inability to make a decision can cause you to miss out on many gains. Analysis paralysis happens when you overthink your investment options.

To avoid it, try to make a few smaller decisions that move you in the right direction. Be clear about your goals and focus only on the few choices that meet your specific priorities.

Allocate your money among the options that best match your needs and your risk tolerance.

Fear of making the wrong decision and overthinking your investment decisions will make you lose out on good opportunities.

Not all of your decisions will be perfect, but you can still make some effective ones.