These are few psychological benefits of investing in stock exchange:
1. Compensation for your loses. Long time ago, my favorite football team had an important match. The team was confident. I had a hunch that they will lose, I wanted to bet against them. But a real fan doesn't do that. I didn't bet, they lost, I lost. If I would have bet against them , the money won would have compensated for the loss of match, and I the win of the match would have compensated for the loss of money. I wasn't unethical to bet against my team because I could not influence the outcome. So if you are a pacifist worried that the world is going down the drain , buy defense stock, if you are ecologist buy big oil stock.
The stock are used to extract capital from mature companies not to grow them.
Start up sell shared to gain capital to develop.
Mature companies don't issue new shares because they dilute the share value, investors assets and managers bonuses. Mature companies stock are a kind of rent.
2. Investment force you to find something positive in your life.
If you open the news you see doom and gloom. Everything is going down, stock exchange has reached new lows. If you look carefully there are some positive points. The Hormuz strait is closed? Oil climbs to the sky ? The oil companies shares touch the sky. Maybe you buy yourself a coffee from their dividends.
3. Investment force you to understand the world. You have see cause and effect to buy the right shares, ahead of others.
What you should not do:
5. Don't buy the hype, you will be disappointed and the return of investment will be low. More demand for a share will increase its price and price per earnings. You should browse the company data and you would hire a new person. Buy from a domain that you know.
6. Don't play at stock exchange. Take it seriously even if it is 20$. The process itself is important.
7. Don't sell and buy often, this will increase the cost and it will stress you.