Ep. 99: Sam Stovall: Building A Portfolio Strategy Around Cyclical Sector Rotation
Investing With IBD
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The Importance of a Strategy for Investors
I'm certain that fear is a greater motivator than greed. Every advisor has one client that ends up being their barometer, male or female, young or old. There's one person out there who has zero tolerance and they're usually the one that wants to sell at the bottom. So my feeling is have a strategy not only for when the market is going up, but what are you going to do or not do when the market goes down? Yeah.
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