Buy low, sell high. It’s a basic investment idiom. There are many other idioms like this one that are meant to help you achieve investment success. These idioms are simple, I mean, you really can’t get any simpler than buy low, sell high. But a new study from Vanguard shows that people are basically doing the opposite of what these common idioms recommend doing. What’s going on? As always, I’ve got thoughts. Listen to this segment from The Pete the Planner Radio Show to hear me unpack the new study results.
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.