This is important because investing more aggressively than you handle emotionally may lead to you selling stocks in
a panic during market downturns, which could turn temporary losses into real ones.
Advisors repeatedly tell me that their biggest challenge is convincing their clients not to
panic during market downturns.
Not exact matches
Much of this huge shortfall is due to
panic selling
during market downturns, or attempts to time the
market.
Those who
panicked during the last economic
downturn missed out on average U.S. bull
market returns of 178 %.