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Investing FOMO and its real cost

Fear Of Missing Out (FOMO) - when you choose to remain in cash while waiting for the stars to align and find the perfect moment to enter the market.

As Warren Buffett says, for the majority of investors with multi-decade horizons, short-term market moves are unimportant. "The focus should remain on attaining significant gains in purchasing power over their investing lifetime."

FOMO: A state of mental or emotional strain caused by the "Fear Of Missing Out".

FOMO is quite an apt term that succinctly spells out how we feel a lot of the time. There's travel FOMO when you sit in your office cubicle and scroll through Instagram feeds of your friends (and strangers)...