April 3, 2019
Low-cost online trading makes it easy – and tempting – to buy and sell sells stocks. That can lead to overdoing it, hoping to beat the market.
The financial experts at Consumer Reports caution: Trying to outguess the market is a strategy that is bound to "undermine the benefits of your low-fee portfolio."
By following your emotions, you'll be tempted to chase high-flying, high-cost investments at just the wrong time.
Study after study has shown that the buy-and-hold approach – while boring – tends to produce bigger account balances over the long term.
More Info: 5 Ways to Lower Your Investment Fees