Moving to cash left investors £50,000 behind peers, 7IM research shows
CASH IS NOT KING: CRISIS CASH MOVE LEFT INVESTORS £50,000 BEHIND THEIR FULLY-INVESTED PEERS Retreating to cash during the 2009 market slump left investors £50,000 worse-off than their more patient counterparts, data from 7IM reveals. A move to cash when large crashes occur is a common response in a crisis….
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