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Steve Coker, CFP
- Oct 26, 2015
- 4 min
Buying High and Selling Low: Why Trading Can Destroy Your Portfolio
Like so many things in life, investing looks so easy when looking backward. When we look at a historical chart we all wish that we had sold when the market reached its top and bought when the market reached its low. If only we had ‘timed’ the market correctly, our investments would have soared. And yet life and investing are not that easy. In fact, investors are notoriously terrible at market timing. By selling into market downturns many investors (and many advisors) enter a
