As markets stress people out, some stupid (obvious and useless) comments start flying and here are a few repetitive ones that I chuckled at last week…

• “This is just a correction.”
• “Markets don’t go up in a straight line.”
• “It was time for a decline.”
• “We got ahead of ourselves.”
• “We are nearing a bottom.”
• “Investors have been waiting for a buying opportunity like this.”
• “A little fear is healthy but this amount of fear is unwarranted.”
• “It’s going to climb right back up.”
• “Flight to safety is great for stock markets.”

AND MY FAVORITE STUPID COMMENT FROM LAST WEEK WAS…..

• “If you haven’t sold, you haven’t lost.”