A Caution on Past Performances A Caution on the Do-It-Yourself Model

A Caution on Redeeming Profits Prematurely

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Too many people are apt to redeem their profits too quickly. In a huge bull market they wind up with piddling profits, only to watch their former holdings soar. That usually prompts them into making mistakes later when, believing that the market owes them some money, they buy at the wrong time at much higher levels.