Wednesday, July 27, 2022

The Repetitively Wrong Way to Invest During Down Markets

When equities are "on sale", Canadians tend to do the opposite- sell versus buy more. 

Warren Buffett made most of his returns during recessions.

 "...Canadian mutual funds posted net redemptions of $10.4 billion in June as investors headed for the exits amid market volatility. That’s an acceleration from May, when a net $6.4 billion was pulled from mutual funds...."

Canadian mutual funds posted net redemptions of $10.4 billion in June as investors headed for the exits amid market volatility. That’s an acceleration from May, when a net $6.4 billion was pulled from mutual funds.

https://www.bnn.ca/1.1797198.1658865334

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