Good morning everyone!
Today I’m going to talk about something that I guarantee you have experienced before in life: FOMO, or short for Fear of Missing Out.
It pops up everywhere, when you see your friends going overseas/concerts, or even just wanting to try that new 24 hours diner called Joji Diner (that’s me haha).
But did you know that there is a special breed of FOMO that lurks in the world of investing??
It’s called.. investing FOMO. Or what I like to call - iFOMO.
This sneaky little fella tends to show up at your door when:
The market is rallying like there’s no tomorrow (like where we are now), and suddenly it feels like everyone’s going to the moon without you
You’ve got spare cash in your brokerage account, just sitting there, doing nothing. It’s as if your cash is whispering “Use me… buy something… anything!”
You sold a stock too early, and now it's climbing & you can’t stand the thought of missing the ride
Your neighbour, friend’s grandma, and Auntie Suzy from the wet market are all talking about that one stock
You’re afraid of missing the next big thing. So you convince yourself that this opportunity can’t be passed up
Let’s be honest here - iFOMO happens to everyone. Even seasoned investors get that twitch.
But instead of telling you not to FOMO, I want you to ask yourself this:
When you act on iFOMO, what are you actually risking?
You might end up buying stocks you don’t really understand or have conviction in.
You’re outsourcing your decisions to other people’s hype and emotions, and those people won’t be there when things go south. In fact it will be as quiet till you can hear a feather drop.
You could be paying a lot more for a company that’s already overvalued, just because everyone else is chasing it.
Unfortunately, there’s no magical solution to avoid iFOMO completely. The best you can do is build awareness, get better at spotting your own patterns & manage your emotions.
But here’s the thing - it’s a lot easier to do that when you’re not doing it alone.
Having a community of like-minded investors around you can help you spot blind spots quickly and avoid costly mistakes. Sometimes, just hearing how others are thinking through a decision is enough to stop you from chasing the wrong one.
If you’re interested, you can join our free 2-day investing workshop, designed to help you build clarity, avoid common investor traps, and make better decisions.
You’ll get to learn alongside a community of thoughtful, long-term investors who value process over hype. We’re about to close the next intake soon, so be sure to register quick!
And remember: no one cares about your money more than you do. Not your friend. Not the fin-fluencer. Not Auntie Suzy.
Till the next post. Ciao!
Patience builds wealth,Bjorn