From a Jeff Clark newsletter, where he talks about FOMO (Fear of Missing Out) and what risks it entails to investors. Why FOMO could ruin you By Jeff Clark In 1999, the various conservative mutual funds I recommended they invest in earned 58%. It was far more than we had projected. It was far more than they needed to maintain their standard of living. But, the Munder NetNet Fund their neighbor invested in – which only bought internet-related stocks – earned three times that amount. The couple told me they wanted to sell the funds I recommended and put everything into the Munder NetNet Fund. I reminded them of their long-term goals. I told them that 1999 was an “outlier” year. Just about everything made money. They had made far more money in their conservative funds than we had projected. It wasn’t likely to happen again anytime soon. And even though I would have profited handsomely on the commission earned by selling their existing funds and buying the Munder NetNet Fund, I ...