you should never sell when people are this fearful, as this is precisely the time when you should be accumulating.
Good advice, but people find it so hard to go against their instincts, which tell them to run for the hills. I'm standing pat, with the expectation that the economy will eventually bounce back, and that my very good stocks and funds will weather the storm.
>you should never sell when people are this fearful, as this is precisely the time when you should be accumulating.
Good advice, but people find it so hard to go against their instincts, which tell them to run for the hills. I'm standing pat, with the expectation that the economy will eventually bounce back, and that my very good stocks and funds will weather the storm.
(post is archived)