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Selling Scared
Family Matters
BY Phil Lenahan
October 11-17, 2009 Issue |
Posted 10/2/09 at 1:59 PM
I know cooler heads prevail when the stock
market takes a turn for the worse, but I’m finding it hard to resist the urge
to cut my losses and pull out of all my investments. Talk some sense into me,
please!
We’ve been going through an economic
cycle that challenges the fortitude of even seasoned investors. When people
make investing decisions based on emotion, they make mistakes. Just when things
are at their worst and emotions are raw, they capitulate and sell — either at
or near the...
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