Most people know the feeling of FOMO: Fear of Missing Out.

It's the adrenaline rush you get watching others jump on the latest investing trend, rack up gains and post their "look what I bought" screenshots.

When your hairstylist or your imperious uncle gives you a hot stock tip, peak FOMO is not far off.

But there's another fear. One that's quieter, more insidious and far more dangerous if left unchecked.

FOGI. Fear of Getting In.

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You might not know the acronym, but you've almost certainly felt it. FOGI is that creeping hesitation that shows up after the market has already moved.

It's what keeps you on the sidelines while others are dancing. It convinces you that by the time you're ready to act, it's already too late.

FOGI sounds cautious and reasonable on the surface. But under the hood, it's often just another emotional reaction disguised as wisdom.

FOMO shouts, "Get in now or regret it forever!" FOGI whispers, "This is a trap. Don't be the sucker who buys the top."

FOMO is greedy. FOGI is anxious.

When we feel both at the same time, we become paralyzed, watching from the sidelines, trying to predict the exact moment when risk disappears and clarity shows up with a bow on top.

Here's the truth: Clarity often comes only in hindsight.

FOGI is a master of disguise. It borrows the language of prudence. "I just want to wait for a better entry point," you tell yourself. "I need to do more research. Let's see how this plays out first."

But often, what you're really saying is that you're scared of being wrong. You remember the last time you got in too late. You figure that if you do nothing, at least you won't lose anything.

Unfortunately, doing nothing is still a decision, and it has a cost. Sometimes that cost is a missed upside. Other times, it's the slow erosion of confidence, clarity or progress.

Unlike FOMO, which tends to burn fast and loud, FOGI lingers. It's the chronic condition of cautious investors, especially those who've been burned before.

There's good reason for that. Just look at some of the scars.

In the early 2000s, the dot-com crash left a generation of investors shell-shocked around tech. Even when solid, profitable companies emerged, such as Amazon (AMZN), Google (GOOGL), Netflix (NFLX), many investors stayed sidelined, too wary to trust again.

Then came 2008. The housing bubble burst, and it wasn't just homeowners who got hit — investors watched portfolios evaporate. The fear that followed didn't just keep people out during the decline, but also during the recovery.

These events left emotional fingerprints, and FOGI feeds on those memories. It convinces you that every rally is suspicious, that optimism is a setup, that if you feel late, you probably are.

In this mindset, every rally feels suspicious. Every pullback feels like confirmation that staying out was the smart move.

Build a system that makes room for fear without letting it drive.

If you have rules or principles guiding your investing, you're not at the mercy of mood swings. Process beats paralysis.

Trying to get in at the bottom or out at the top is a fool's errand. You don't need precision to succeed. You need consistency.

If your goals are long term, why are you letting short-term events drive your decisions?

Instead of asking yourself, "Is now the right time to get in?" try asking, "Will this decision still make sense to me one year from now? How about five years from now? Am I investing out of fear or purpose?"

I learned this lesson in 2012 with Apple (APPL). The iPhone revolution was well underway, and the company's stock price had already quadrupled from about $5 (split-adjusted) to $22.

FOGI was screaming at me. "You've missed it!" my cautious side would argue. "It's already had its run. Don't be the sucker buying after everyone else got rich."

But I had a process. I'd done my research. I believed the smartphone revolution was just getting started, not ending. Instead of waiting for a pullback that might never come, I bought in, despite feeling like I was late to the party.

It felt uncomfortable at the time. It always does when you're fighting FOGI. But looking back, that discomfort was the price of admission to one of the best investment decisions I ever made.

The stock didn't just continue climbing, it split multiple times from there. More important, I learned that sometimes the best opportunities look like trains you've already missed.

If FOMO is the gas pedal, FOGI is the brake. But the goal isn't to slam on one or the other, it's about learning to drive. You must take the wheel.

The road ahead will always be uncertain. There will always be reasons to wait, to hesitate, to demand more clarity before you act. But clarity doesn't come from waiting. It comes from acting with intention, reflecting, adjusting and moving forward — slowly, maybe; imperfectly, definitely — but forward.

Don't let either fear stall your future. The biggest risk isn't getting in at the wrong time: It's never getting in at all.

As always, invest often and wisely. Thank you for reading.

This article is for informational purposes only. It is not intended to be, nor should it be construed as, legal, tax, investment, financial or other advice.