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How to prevent loss aversion from harming long term returns

How to prevent loss aversion from harming long term returns

July 15, 2022

1)  Work with your advisor to establish a long-term plan - then stick to it.

2)  Consult your advisor before making any changes to your plan or portfolio.

3)  Do not check your portfolio balances too frequently, especially during downturns.

4)  Try to focus on the long term, not the short term.

                   The American College of Financial Services