Economy may spur ill-advised investing

 
By Jim Stafford
Published: September 27, 2008

Investors hear the mantra repeatedly from financial advisers: buy low, sell high.

Yet, when the stock markets are fueled by good economic news or shaken by crisis such as the ongoing mortgage debacle, the opposite happens, said Jake Dollarhide , chief executive officer of Longbow Asset Management in Tulsa .

"When the good times are rolling, we think it will last forever,” Dollarhide said. "The most common mi...


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