Yesterday the stock market was down over 3%. Whenever the market is falling, I get email and comments to posts asking whether we should sell our investments to avoid further losses. Generally, selling an investment because of a declining market is about the worst investing mistake one can make. The problem is that so many do sell out of fear of further losses. So I’ve put together this short video post to describe one factor I consider when buying shares of a mutual fund so that I won’t be tempted to sell the fund if it’s under performing the market.
As this is my first video post, I’d appreciate hearing what you think, how quickly the video loads, and if you had any trouble viewing the video.
Published or updated March 23, 2012.