Source: www.domainnews.com As I look around me, people right and left are pulling their money out of the stock market or refusing to invest in anything so they can stockpile cash. I cannot really say others are “wrong” for wanting a stockpile of cash and a sense of security, but what astounds me is that every time the price of something tanks (stocks/precious metals/real estate) a lot of people will quickly bailout and sell, believing the market is too volatile to be profitable. That way of thinking boils down to: “Buy high and when the price goes way down, panic and then sell!!!!!“
