The Haphazard Blog

Tag: mental blocks

Finished My Taxes Early

by on Feb.14, 2010, under Bills, Life

I filed my taxes a lot earlier this year. Primarily because I did a poor job in tax planning and withheld too much money. I ended up with refunds from both the federal and state. I always got a weird sense of enjoyment in owing every year and filing right before the deadline.

This year, I need to do a much better job with investing. Bank account interest is incredibly low. I missed out on the big recovery from the bottom last year. It’s time for me to become less risk adverse. My irrational fear of losing money prevents me from making any real money. It’s odd that I can identify my problem but have yet to find a way around it. It is getting to be very bothersome. I start to invest, then bail out after a couple trades. And it’s not like they were bad trades. I made money and still didn’t keep doing it.

I wonder what makes someone a good trader psychologically?

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