The path to financial freedom can be difficult enough with sabatoging your efforts due to emotional immaturity. I know that sometimes there are some really tempting "deals" out there. Some once mammoth companies trade for less than $3 per share. $10,000 for a condemned house? Let’s put all our savings into buying it and fixing it up. It seems too good to be true, right? Wrong. No one ever became wealthy by making irrational decisions with their money and letting their emotions take over their actions. When you’re investing wisely, you can argue a case in defense of why you’re making an investment decision. I like to think I’m arguing my case in front of a jury. What are the holes they will knock in my plan? If you’re about to "invest" in anything and you don’t really know why, consider taking a minute to review your data before proceeding. "It’s a great deal" doesn’t count. In my experience, I don’t make the same tempting investment once I review the facts. And what about the times I lunge in for the kill? Well it feels like I just got punched in the stomach by Mike Tyson. How do you become rich? Not by going crazy every time a trade doesn’t go your way.