Learn From These Terrible Mistakes
The actions of private clients at brokerage giant Merrill Lynch can serve as a good proxy for high-net-worth individual investors in the U.S. This year the net buying and selling of equities by Merrill's "mom-and-pop" accounts showed just how terrible their decisions have been in terms of market timing.
After a big January rally, individuals became big net buyers of stocks. Their buying persisted from February through May. That occurred as shares were getting significantly more expensive....266 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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