Your Gut Sells Low and Buys High – Write Your Investing Rules Down First

The Quick Take

Your gut tells you to sell after a drop and buy after a run-up, the reverse of buying low and selling high. While you’re calm, write a one-page plan that sets your mix of stocks and bonds, monthly buys, rebalancing date, and reasons to sell. Then automate what you can and follow the plan, not your gut. Source