Dalbar Study Shows Investors Sabotage Themselves
Another Dalbar study of investor behavior indicates the average investor makes decisions detrimental to their financial well-being. Over the 20 year period ending December 31, 2009, the average equity investor earned 3.17 percent per year, while the S&P 500 index returned 8.2 percent annually. These miserable results are attributable to investors buying stocks during manias and selling them during panics.
SMA Comment: Below average investors are balanced out by above average ones. Only through a disciplined approach can investors be consistently above average.
Source: N. Y. Times
***
Related Posts
-
Global Gold Miners ETF Allocation IncreasedCash available was added to the SMA Portfolio's holding...
- August 10, 2020
-
-
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Bill Ackman Thinks Diversification is for the Lazy
Bill Ackman made a speech at the Active/Passive Investor...
- March 4, 2010
