Investors tend to sell their winning stocks more often than their losing ones, which can lead to financial losses. A study looked at how setting specific investment goals can change this behavior. The researchers found that when investors have clear goals, they are less likely to sell their stocks when they are doing well. This helps them avoid making hasty decisions that could hurt their finances. However, their behavior with losing stocks did not change much. So, having clear investment goals can help investors make better decisions and avoid losing money.