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Course 408: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The Plight of the Fickle Investor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In investing, three truths are held to be self-evident:
Or at least that's what everybody says. What fund investors actually do is another matter entirely. They are often fickle, buying funds that have done well (or buying high) and selling in a panic when they stall (that is, selling low). In doing so, investors sabotage their own results. Here's what not to do. Next: The Tale of CGM Focus >> |
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Learn how to invest like a pro with Morningstar’s Investment Workbooks (John Wiley & Sons, 2004, 2005), available at online bookstores. | ||
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