financial traps for the unwary

i read this recently from the money section of news.com.au and may provide a ray of hope for CIY shareholders

8. Panicking when the market gets rocky

Mr Borg said a common mistake people made was jumping out of an investment in periods of low or negative return.

"As well as losing money, these investors might also miss the next price rise,'' he said.

"Thinking long term is the key to successful investing.''

Marinis Financial Group financial strategist Theo Marinis said people should not panic when markets go down. "In fact, it is a great time to buy good assets cheaply if you can spare some extra cash,'' he said.