CHART OF THE DAY: Missing A Few Good Days In The Stock Market Will Cost You
Often times, when bad news hits the economic fan, investors will dump stocks and run for the exits. And this is just about the worst thing an investor can do, according to a new report from Fidelity Investments. “The old adage says that day to day the market is a voting machine, but over time it’s a weighing machine,” said Fidelity's Focused Stock Fund manager Steve DuFour. “If you focus on fundamentals rather than noise, you can use volatility to your advantage.” Weathering volatility, or simply doing nothing is a pretty solid strategy, said the report.
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CHART OF THE DAY: Missing A Few Good Days In The Stock Market Will Cost You,
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