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Parul Verma

Do you have FOMO when you invest?

Everyone experiences FOMO, which is the Fear of Missing Out on various aspects of life, but it’s crucial to resist it when making investment decisions. In today’s post, we will learn why I made that statement.

FOMO stands for “Fear of Missing Out.” It’s when people feel anxious or worried about missing out on something exciting or profitable. When we make decisions solely based on FOMO, it can lead to impulsive choices that might not align with our goals. So, remember, while it’s okay to feel FOMO, it’s essential to have strong willpower and stick to your long-term plans.

The easiest way to earn passive income

The best way to have a guaranteed return that can match the inflation rate is to put your money in a high-yield savings account.

When we get a higher interest rate on our savings, it means our savings grow faster over time. It’s the ultimate set-it-and-forget-it way to make your money work for you, without any risk.