The fear of missing out can be a killer for investors. Here’s how top-ranked financial advisors keep it at bay

 

Chief Investment Officer Aldo S. Vultaggio, MBA, CFA®, CAIA®, AIF®, CPA was quoted in the article, “The fear of missing out can be a killer for investors. Here’s how top-ranked financial advisors keep it at bay” published by CNBC.

Key points:

  • The fear of missing out, or FOMO, has led many people to buy into “hot” investments such as crypto, meme stocks and SPACs, according to financial advisors and money experts.

  • They may do so without an understanding of risk or how the asset fits into an overall portfolio.

  • Controlling FOMO is one of the most important financial skills for investors in the social media age, advisors and experts said.

Read the full article on CNBC.com.

 

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Financial PlanningAldo Vultaggio, MBA, CFA®, CAIA®, AIF®, CPAAldo S. Vultaggio