A surprising share of a new bull market’s returns pile up in its very early stages, when the average investor is at their most fearful Everyone thinks they’re a genius in a bull market, but it’s only when prices head south that some people really stand out from the crowd.
As odd as it sounds, the average investor is woefully below average. Compared to a robot who might invest through good and bad, ignoring newspaper headlines, a fallible human can end up with a lot less money on retirement day due to greed and fear.
Knowing how to handle fearful times like these offer the best opportunity to avoid lagging behind the market. Sure, some investors will claim they saw the coronavirus-induced bear market coming, just like there are people who