@Mike JacovelliI know most people advocate for sharing these goals, but from a psychological perspective there are some cases where it may be better to not share them.

Psychology (I don't like the word: Self Help) books2.

We are a bunch of financial people chiming in on a psychology question...and what material stuff means to our identities, extension of ourselves, signaling to others, belonging, memories, etc.

The Sky is Falling on the Emperor,...and his new clothes".There is a psychological explanation for this.

Bigger drop at end of year.Great Recession was the same...tech crash too.I'm on my phone so can't pull up the charts, but it's the natural psychology behind the market.After this stimulus passes,  likely a jump will happen and you'll feel you missed the bottom.

The mass psychology of humanity forces us to act in similar patterns this has been noted throughout history (dating back to the Romans). 

I also don't think we have ever experienced the the whole EU shutting down in our memory which is a bigger psychological hit. 

I am sure his decision was pure psychological, unless he really was planning to sell stock to fund the deal.

Psychologically, the seller gave you a bit of a feeling of ownership(after which you now have some fear of loss,) and when people own things, they tend to place a higher value on those things prior to taking ownership.Why not try this- estimate the annual cash yield on your initial investment(under the theory that the units were all like the initial 3 units,) then adjust your offer downwards such that your percent yield on capital and time invested is unchanged?

Will certainly be a psychological shift when the checks stop but you cash flow is solid.