Quote:
Originally Posted by XLexusTech
OK so the "stop investing" is referring to the gamblers not the investors I guess...
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No that's not what I was trying to say. What I was saying is that the RETAIL investor -- mom and pop folks -- that contribute to 401K's etc -- tend to (as a group) stop investing or contributions or cut back on their contributions... in down markets. Doing exactly the opposite of what they should do.
The individual investor/trader (they're all the same - except for the holding period)... does the same. They buy on up days and sell on down days. The opposite of what they should do.