Definition
Making investment decisions based on the fear that everyone else is getting rich without you, which historically has been the most reliable way to buy at the top. It's the financial equivalent of joining a dance floor just as the DJ switches to a slow song.
Example Usage
"I FOMO invested in that meme stock after it went up 400%. I bought at the peak and am now the proud owner of a very expensive lesson."
Related Terms
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See “FOMO Investing” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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