Are Investors As Dumb As This Study Says?
Over the past 10 years, investing has been easy…behaviourally.
That’s because the global markets experienced an almost non-stop rise.
But if we measure a big market run-up and then a decline, and then a run-up, do investors lose their heads?
Maybe. But are they as dumb as this study says?
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What do you think?
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Are Investors As Dumb As This Study Says?
You wouldn’t do surgery on yourself, so why would you try to manage your own investments? This statement might offend some people. Others would nod in agreement. Most financial advisors are in the nodding camp. Plenty of them bring up Dalbar’s data to convince clients that they can’t invest on th…