FYI: The second half of 2014 has been rough for stock market investors.
We've seen two violent sell-offs. The first came when the S&P 500 quickly tumbled 9.8% from its then all-time high of 2,019 on Sept. 19 to as low as 1,820 on Oct. 15. The second came when the S&P plunged 5.1% from 2,079 ion Dec. 5 to 1,972 on Dec. 16.
Because of the way our brains work, most of us worried about the possibility that this correction was turning into an outright market crash. Our instinct was to dump stocks. Surely, many investors sold and told themselves they would "wait out the volatility" on the sidelines. A confident few likely even shorted the market.
However, history shows this is the most classic mistake investors make. So, kudos to those who held on to their long positions
Regards,
Ted
http://www.businessinsider.com/investors-always-miss-rallies-charts-2014-12
