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Buy High, Sell Low

Zerohedge posted some ICI mutual funds flow data that made me think that the vast majority of people are merely chasing rallies and jumping out during crashes.  I am all for limiting losses, but it really is no wonder that retail returns can be so awful.  This really sparks the question of whether leveraged mutual funds are good retirement tools for individuals to lose money even faster by amplifying their timing mistakes.

Posted in Markets.

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