Three Simple Steps For Managing Your Investments

One of the most common reasons people fail is that they make impulsive decisions. If you make a spur-of-the-moment decision instead of mulling over your next move carefully, you may end up someplace that you wish you weren’t. This is true in many aspects of life, including investing.

人们之所以会失败，很多时候是因为做了冲动的决定。如果没有仔细规划便一时冲动做了决定，结果很有可能是你不想要的。这个道理在很多地方都适用，包括投资。

It’s very easy to make a decision based on fear of loss or mental accounting rather than looking at all the facts. Often professionals, who are removed from the emotional impact of investing, can help their clients determine their next step calmly and logically.

我们很容易因为害怕失去而匆忙做决定，或只是在心里盘算一下没有纵观事实便作出决定。很多专业人士在投资时刨除了感情因素，能帮助客户冷静、有条理地作出规划。

Take a step back

退后一步

Wait a day before making your final decision. If it’s a worthwhile investment, it will still be here tomorrow. It’s never a good idea to make decisions under pressure.

先把问题搁置一天再做最终决定。如果这个投资是值得的，再等一天也不会晚。在有压力时做决定从来都不是个好主意。

Ask yourself why

问自己为什么这样做

Why do you think this investment is any better than the others? Compare it with similar investments, and make an educated decision why you are investing in this as opposed to other products. Write down the possible risks and benefits of the investment – and then cross off any emotional factors. You should base your decision on facts only. And most importantly, make sure one of the “whys” in selecting the investment is it fits into your financial plans and will help you further your goals.

为什么投资这个比其他的好？和同类投资进行比较，做出的决定要有充分理由证明投资此类产品是正确的。将可能的风险和收益都写下来，然后划掉情绪化的因素。你只能根据事实做决定。而且最重要的是，确保投资的理由符合你的财务计划，并能帮助你实现目标。

Present your reasoning

展示你的推理过程

Are you confident enough in your decision to invest in the particular product that you could present your decision-making process to your spouse or to a hypothetical investment committee? If your decision doesn’t sound logical and understandable enough to present to others, you need to think about it some more before you write the check.

如果把做决定的推理过程展示给自己的伴侣或假设的投资咨询委员会，你是否够自信？在陈述时，如果你的决定逻辑性并不强或者别人不那么能理解，那么在划对号前你还是需要三思一下。

Understanding behavioral finance, why investors act the way they do, is an important prerequisite for making wise financial decisions. Better to learn from other people’s mistakes than to fall prey to common financial blunders.

同时，要想在金融方面作出明智的选择，学习一些行为金融学，了解投资者们行为背后的原因也是必不可少的。学习他人的经验总好过掉入常见的金融陷阱。

完成阅读

来源:华尔街日报中文网爱语吧作者:孙梦光