Tuesday, July 14, 2009

Buying High and Selling Low

"Last year, investors made a bad situation worse in the bear market by trying to time when to get into and out of stock mutual funds. As a group, they would have lost less money had they simply held onto whatever funds they owned when the bear market began."

- Mark Hulbert, New York Times 7-12-09

To read the entire article:
http://www.nytimes.com/2009/07/12/business/mutfund/12stra.html

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