CEDTalks

If you were shopping at a store and their customer service was lousy, you'd stop shopping from them. Makes basic sense, right? If a restaurant gave you fish when you ordered steak, and the steak was tough when they gave it to you, overcharged you and underperformed, they would most likely lose your business. Unfortunately, when it comes to our emotions, we are not the same sound investors that we are with our money. Sometimes we want certain situations and people to work out so bad that we don't know when it's time to cut our losses; more importantly, we miss out on opportunities and people that could result in big gains. Before pursuing my writing and entrepreneurial goals, my first job was working at mutual fund powerhouse Vanguard. Vanguard taught me priceless principles on investing, portfolio building, and monitoring the market. Coincidentally, some of the same tactics it takes to keep a successful portfolio apply to our daily lives, including our relationshi...