Investors who lost money trading in shorted stocks such as GameStop and AMC learnt a lesson on the dangers of following a "fear of missing out" strategy. Photo: AP 
Investors who lost money trading in shorted stocks such as GameStop and AMC learnt a lesson on the dangers of following a "fear of missing out" strategy. Photo: AP 

Money

Why a 'Fomo' strategy won't work with meme stocks

It's better to stick to low-cost index fund investing for long-term gains

Zach Holz

March 04, 2021

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