The highs and lows of stock markets are often compared to a roller coaster ride – one minute, you’re on top of the world and making a profit. The next, it could all come crashing down and you start panic selling.
Knowing how to keep our emotions in check while trading is an essential skill that investors need to learn, regardless of their experience.
As legendary investor Warren Buffett once said: “The most important quality for an investor is temperament, not intellect.”
What are the best strategies to control our emotions while investing?
Host Felicity Glover talks to Matthew Carstens, director of product experience at neo-broker amana, who shares his best tips on how investors can keep their cool regardless of what is happening in stock markets.
Produced by Doaa Farid and Arthur Eddyson
Listen to the previous episode on how to set long-term financial goals:
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
