Did you panic sell during the latest market dip? When to get back in
Panic selling often happens during stock market dips, and those who dump investments may later regret their decision.
The bigger issue, however, is getting back into the market after a “freak out,” according to research from the Massachusetts Institute of Technology.
“Panic selling is predictable,” said co-author Chi Heem Wong, researcher at MIT, and there are trends among those who dump assets during volatile periods.
Men who are over age 45, married with children and say they have “excellent investment experience or knowledge” are more likely to panic sell during stock market dips, research shows.
“It’s pretty consistent over time that people with certain attributes tend to panic sell more often than others,” Wong said.
While the research didn’t examine why certain investors are more prone…