Why Most People Lose Money in the Stock Market
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Why Most People Lose Money in the Stock Market
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There are 4 reasons why most people lose money in the stock market:
- We panic when times are tough and buy when the market is soaring.
- We believe we can pick individual stocks.
- We believe we can pick winning mutual fund managers.
- We play in the wrong end of the pool.
In this episode, you'll learn how to avoid the traps that cause people to buy high and sell low.
Today’s episode is brought to you by Talent Stacker. If you’re stuck in a job you don’t like making too little money without any flexibility, it might be time to consider a change. Check out JL’s review here to see how Talent Stacker can help.
Notes & Links:
- Stock Series Part 3 blog post: https://jlcollinsnh.com/2012/04/25/stocks-part-iii-most-people-lose-money-in-the-market/
- Why I Can't Pick Winning Stocks and You Can't Either: https://jlcollinsnh.com/2011/06/02/why-i-cant-pick-winning-stocks-and-you-cant-either/
- Dividend Growth Investing: https://jlcollinsnh.com/2011/12/27/dividend-growth-investing/
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