Wall Street uses the derogatory term “dumb money” in reference to individual investors who repeatedly buy stocks at a high price and sell stocks at a low price.

Adopt a disciplined investment strategy to avoid participating in the dumb money.

 

When Your Money is the Dumb Money – NYTimes.comhttp://bucks.blogs.nytimes.comBy now you have probably heard about the growing evidence that “dumb money” is entering the market. The dumb money is not my term, by the way; it’s how Wall Street  refers to individual investors who repeatedly sell stocks at a low price, only to turn around later and buy them for high…