08-03-2021, 08:51 PM
(08-03-2021, 06:42 PM)fenders53 Wrote: 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.
emotion is the biggest principle killer, worse then recessions themselves