The Dog Chasing Tail Investment Strategy
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Description
On today’s show, Wes is joined by Producer Mallory to elaborate on the pitfalls of fleeing the market during turbulent times. They comment on the shell shock of the Covid-19 lockdowns back in 2020 and how tempting it was for fearful investors to yank their money out of the market. Wes empathizes with the temptation but explains that letting the dog chase the tail rather than trusting in a balanced, diversified portfolio can have disastrous ramifications. Wes reveals that time in the market typically beats timing the market, and participation usually trumps perfection. Learn more about your ad choices. Visit megaphone.fm/adchoices
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