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Topic: Psychology
Number of pages / Number of words: 2 / 503
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However, extreme optimists may make irresponsible money moves and lose money.

How do you know if you’re an extreme optimist? Bank balance aside, extreme optimists tend to work fewer hours, save less money, are less likely to pay off their credit card balances regularly, and have a higher proportion of individual stocks in their portfolios...


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Extreme optimists are also more likely to be day traders. Run-of-the-mill optimists, on the other hand, work longer hours, believe their income will grow over the next five years, plan to retire later or not at all, and save more money.


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