Article written by Kellands Hale, our preferred independent advice firm.
This article is not intended to be financial advice to any individual. The views expressed are those of the author and Moneyfactscompare.co.uk does not endorse the content.
Whether you’re new to investing, or are an experienced investor, you may be overwhelmed by all the information and choices available to you. While investments pose a risk and should be carefully considered, it can be easy to overthink your decision with the internet at your fingertips.
This ‘analysis paralysis’ – a term describing a lack of action brought about by overthinking – can have financial consequences on your investment portfolio in the long-term. It's easy to procrastinate when you feel overwhelmed, but if you leave your wealth sitting as cash it’s likely to lose spending power against inflation as time goes by.
So, if you’re looking for ways to stop overthinking your investments, keep reading below for some tips on how to invest with confidence.