Valuation-Informed Indexing #420: Most of Us Are More Buyers of Stocks Than Sellers of Stocks

I’ve posted Entry #420 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Most of Us Are More Buyers of Stocks Than Sellers of Stocks.

Juicy Excerpt: Most of us are buying additional stocks with each paycheck. When the price goes up on the shares in our portfolio, the price also is going up on the shares that we purchase with a portion of each paycheck. A price increase yields a long-deferred benefit on the shares we already own (because we will not be selling them for many years) and an immediate detriment on the shares that we will be purchasing with our next paycheck.