As Investors, We’re Often Predictably Irrational
Plenty of new investors say, “I have a lump sum, but I’m afraid to invest it all today because the markets aren’t predictable.”
Such investors don’t realize that “waiting” to buy is the same as somebody else selling everything… and waiting to re-enter the market.
Sounds crazy, right? Sure it does.
But we’re predictably irrational.
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