Monday, September 14, 2009

FinanceProfessor and SBU in the Globeandmail.com: September rally like white shoes after Labour Day

Globeandmail.com: September rally like white shoes after Labour Day:
"Like everyone else, investors 'give in to mood swings that lead to impulsive decisions,' says Jim Mahar, an associate finance professor at St. Bonaventure University in upstate New York. And it's why, despite our better judgment, we are still tempted to try to time the market and latch on to hot stocks, funds and trends.

'The excitement of beating the market - and getting to brag about it - leads investors to make decisions that they never would in a more sterile environment.'"

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