Tom Paine should have been a financial advisor. Attempting to bolster the spirits of Continentals after a retreat from a superior British force in the winter of 1776, Paine wrote, The harder the conflict, the more glorious the triumph. What we...
Retail investors notoriously buy high and sell low. But in the latest rout, it appears a number of mutual fund investors got the timing right, withdrawing their money prior to the market selloff of Aug. 8-12, according to Morningstar data. In July...
