Selling Out of Fear

Feb 2017 //
Optimism/Pessimism

…over the years many people have sold out of fear, only to end up hurting their own portfolios, because (1) the overall market advanced significantly while they were on the sidelines, or (2) they lacked the emotional conviction to re-enter the stock market, even when stocks were on sale. It is very difficult to successfully play market swings. Over the longer term, it is all but impossible.