Equity mutual fund investors cost themselves $106B
April 5, 2012 by Dave
Filed under Investing, Investment markets, Investor Behaviour, Mutual Funds
Evidently many so-called investors have not realized it, but the U.S. equity market has approximately doubled since the panic lows of March 2009. I say they are so-called investors because they evidently do not understand the difference between investing and speculating. Investing consists of making careful, patient, long-term, strategic decisions to invest in assets whose […]