9. Sell in a Volatile Market to Protect Yourself
It’s natural to feel panic when the market takes a downward turn, and although many investors know that it’s best to stay invested in those times, panic can still get the better of them.
Fidelity’s survey found that 77 percent of mutual fund investors believe that it’s better not to try to time the market, and stay invested for the long haul. However, some will still find themselves selling to dodge short-term losses, which means they miss out on the long-term gains.
