Millionaires added U.S. stocks more
than any other asset in the latest year as average investors
fled to bonds, according to a survey by Fidelity Investments.
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This should not be a big surprise as the average investor typically sells at the bottom and will wait for the news to turn positive before buying. Unfortunately when the headlines are brimming with confidence the stock market has already rallied. This leads to the Average Joe's missing out on making money in the stock market.
When everyone is zigging, you need to zag. Be a contrarian to make money investing.
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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