March 18, 2010

Why Many People Lose Money in Top-Performing Funds

Why Many People Lose Money in Top-Performing Funds

Believe it or not, half of the people invested in some of the best-performing funds in the country may lose money. How can that happen? Very few people buy during a bear market.


They're afraid. Far more people buy much later, during a bull market, when they feel much more assured. Some of these people then sell out over the next year or two when  erformance is slower or down. Why not buy and sit tight for the rest of your life and make a big fortune?

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