The Cruel Irony of Investing

Investors: “The market feels risky right now. I’ll just park my money in this high-yield savings account earning 5% and wait for the dust to settle.”
Stock market: LOL
A cruel irony of investing is that when you seek shelter, you’ll likely overestimate the probability of a storm. That’s exactly what we’ve seen since the October low, with $900 billion moving into money market funds from …

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