The slang term for a decision to invest in highly speculative investments.
Investopedia Says:
When an investor is taking a flier, he or she is knowingly acquiring a high-risk, speculative instrument that may end up with them taking a bath.
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If these unpleasant emotions are allowed to influence your decision-making, they may cost you dearly. When Fear And Greed Take Over
It is impossible to avoid them completely, but there is a systematic method you can use to control them. Limiting Losses
Common sense or common folly? Discover some approaches to circumventing typical stumbling blocks on the road to profitable investing. Five Investing Pitfalls To Avoid, According to Investor's Business Daily
