Volatile markets often bring out the worst in investors. Some bail too soon, while others prefer to "wait it out in cash." Yet another group refuses to invest in stocks at all.
All of these investors are at risk of letting their emotions determine how they invest. They are frequently wrong, costing them gains that they could otherwise reap by doing nothing.
John F. Wasik does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.