When we choose to invest our money due to FOMO, we are sacrificing our happiness AND peace of mind to make more money.
However, wise investors don’t do that.
Investing wisely is important.
Investing due to FOMO is incongruent – to the investing principles.
Only when you do not lose sleep in a bull market and do not get anxious in a bear market, will money be able to buy you happiness. Otherwise, it is merely a downward spiral.