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This post is part of a series where personal finance expert Dan Solin looks at money moves that may seem smart in tough economic times, but are actually quite dumb. See all 12.

You can't blame investors for being nervous. The markets go up one day and plunge the next. This stomach-churning turbulence creates anxiety and sometimes panic.

The financial media inflames the situation with breathless news of breaking developments and endless, often contradictory, predictions.

It is no wonder that investors are tempted to sell their stocks and sit on the sidelines until the market "bottoms out."

This is generally a bad idea.

Continue reading Dumb Money Move No. 2: Sell your stocks and stay on the sidelines until the market bottoms

Dumb Money Move No. 2: Sell your stocks and stay on the sidelines until the market bottoms originally appeared on BloggingStocks on Wed, 06 Aug 2008 13:35:00 EST. Please see our terms for use of feeds.

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