Diving Back In
People who believe we’re headed for a recession should remember that investing is counterintuitive. In a full-fledged recession, savvy investors are buying into stocks. “You must be present to win,” says Curt Rohrman, a fund manager for USAA. Stock turnarounds can be swift and unpredictable. Miss the best 2 percent of days in the market and you can cut your average returns from 19.87 percent to 1.9 percent, says University of Missouri professor John Stowe....