Big Drop in the Market
Why are people selling off stocks and/or mutual funds in their 401k, IRA, Roths, etc. and locking in their losses? Do they expect the economy to totally collapse? Do they anticipate that companies like Fidelity and Vanguard will collapse?
Permalink Submitted by Al Fry on Tue, 2008-12-02 18:34
Typical invetsor fear mentality: Sell low; buy high!