The fear of missing out (FOMO) is a perennial bad habit of many investors and it can be disastrous when it pushes your thinking into the short-term, with dollar signs being the only target in mind.

AI in investing has actually been around for a bit, some active investors and traders have attempted to get an edge on others through AI tools that retrieve and process data. Is AI able to give investors a leg up against the competition?

A new buzzword emerges: Artificial Intelligence (AI). Should we be diving in to invest in this? After all, they could be the next big thing like Google or Apple — but it is not the first time that the human race has developed something new and exciting.

While it is incredibly human, allowing the euphoria of a sudden surge in the market or the fear of missing out to guide your financial decisions is definitely not a good idea.