Avoid the Mutual-Fund Mindset

This past week, the market suffered the worst action of the year. If you were heavily long, it hasn't been much fun. Regardless of how it has affected you, this is a good time to consider how you think about the market.

If you listen to the financial media, "up" is always good and "down" is always bad. The vast majority of people who comment on the market have a mutual-fund mindset. They are almost always fully invested and consider 10% cash to be a lot. They are happy if the market goes straight up day after day, so this sort of action is a disaster....405 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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