Those who manage their accounts also are more likely to struggle to keep their emotions at bay than those who use a financial advisor. Although most investors — 58 percent — agree their portfolios perform better when emotions are left out of it, half of the investors who manage their own accounts report struggling to do this, compared with 45 percent of investors with financial advisors.
Ismat Mangla, senior content director for MagnifyMoney, makes these recommendations for keeping emotions in check when making investment decisions:
