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KEPRI POST - Financial Planner and Founder of PT Solusi Finansialku Indonesia, Melvin Mumpuni advises investors to always implement periodic reviews to ensure tracking progress on the capital placed in investment instruments.
According to Melvin in an online discussion entitled "Financial Behavior" which was held on Saturday (3/12), the implementation of an approach related to regular reviews of investment funds can be done at least once a month.
This strategy is at the same time to ensure investment returns are in accordance with investment plans and objectives, both in stock instruments and other capital market products.
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"In line with this, monthly investments should also be able to continue," he added.
But no less important to get optimal results, explained Melvin, investors are expected to recognize the five irrational actions that are often carried out when investing in the capital market.
"Basically, a lot of our behavior is irrational. There are five of them that are often felt by investors," said Melvin.
First, mental accounting, namely the act of giving a certain label to the source of funds without being accompanied by an investment objective or plan. "So, the first irrational act is mental accounting, that is, we give labels," he said.
The second irrational action that many investors do is herd behavior. Obtaining profits from buying certain shares, then proceeding to buy the same shares in the hope of getting even bigger profits.
