Mooers' Insights: Are you emotionally tied to any stock or company?

@HopeAlways
We cannot turn off our emotions or even ignore them completely. We can take steps to limit the number of emotionally driven decisions we make with any stock.

@Syuee
Emotional investing can lead one to hold onto stocks for far too long, without booking profits progressively for reinvestment. When opportunity hits, it is important to rebalance our portfolio, without bias.

@MooMamaLlamaDrama
The more I research a particular stock or industry, the more I often lean on one way more than the other. If I like it, that's when I buy it or wait to see what the movement is like/to get a good entry point) If I don't like it, I won't dismiss it completely, but I will definitely not focus on it, with time or financially.

@Southern Eagle
If you get emotionally tied to a stock, you tend to let your emotions dictate when to sell. And you risk being emotionally involved with companies that have been doing well as you ride them too long.

@cola1010
Being emotionally invested in the company's stock can lead to a lack of portfolio diversification, over-concentration on specific stocks, and holding the asset for longer than necessary.

@bullrider_21
A stock is just a sheet of paper indicating part ownership in a company. You buy and sell stock to make profit, not hold it forever. A stock goes from being over-pessimistic to being over-optimistic and vice versa. Buy and sell accordingly.

@ZnWC
If I love the fundamentals of a particular company, such as the governance, and the company's motto and moat, I'll hold on to the stock for as long as I can. The reason may not necessarily be about its price.

@12moon
I hold on to stocks only for the following reasons:
1. The stocks continued to enjoy strong growth prospects and are resilient in times of economic downturn.
2.The stocks continued to display favorable characteristics in compounding returns at attractive rates viz a steady stream of good dividends and good capital growth potential over time.