As I write this, we are in the second week of June and many sectors look like they might set new peak closings soon, recovering to or beyond their pre-COVID values. However, the journey to recovery is a bumpy one, as many investors are selling as their funds approach their prior values. This is likely a foolish attempt to save themselves from a so-called second drop they believe will come. Little do they know, that selling is the only way a second drop could come.
Some investors complain, “This time is different,” because life has been very different. However, …Read More