New investors often think anything but a continuous rise in a stock is a reason for selling a stock. Everyone of my best stocks has had some down periods, often for extended time periods. But, in the long-term, those stocks have risen way more than 10 times over.
I follow a weekly graphic in Barron's called Cash Track. It shows 4 week average flows into equity funds, money market funds, taxable bond funds and municipal bond funds.
