I saw that some years back. Emotional trading causes that. Buy what's hot this month and cash out after losing some money. It's a lack of conviction and discipline. If you buy some yahoo finance stock tips and look at charts for 5 minutes you don't even know what you own. You do some real DD or you won't get half the index return. I held index funds most of my investment career because I learned I only had time to research a few companies. Now I have time to stay current on more tickers but I still over do it. Buying true blue chips is more forgiving. They might work out if you just give them time.
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