'Stay the course investors' move ahead of panic sellers (Fidelity analysis with graph). Although we hope the worst of the dramatic stock market losses are behind us, it's a good time to remember the irrational investor behavior that guarantees losses.
Key Take Aways:
- U.S. investors withdrew a record $70 billion from the stock market during the peak of the financial crisis in October 2008, and another $50 billion near the market low during Feb/March of 2009.
- As of Oct. 16, 2009—one year after the peak in liquidations—investors who remained in the stock market had fared better than those who exited at the peak of the crisis and stayed on the sidelines.
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