Bad Stock-Market Timing Fueled Wealth Disparity

Millions of Americans inadvertently made a classic investment mistake that contributed to today’s widening economic inequality: They bought high and sold low.

Late in the stock-market booms of the 1990s and 2000s, more U.S. families clambered into stocks as indexes surged. Then, once markets tumbled, many households sold and took losses.

Those that held on during the most recent collapses reaped the benefits as stocks nearly tripled between 2009 and today.

Please see full Wall Street Journal article here…

Article written by: Josh Zumbrun

Published by: WSJ.com

November 5, 2014 In: Current Affairs, Financial Articles Comments (None)