U.S. stocks lost more than 55% of their value when they bottomed out on March 9, 2009. On Monday, they set yet another all-time high. A balanced portfolio weathered the storm quite nicely.
So why is it that most investors are still way behind? The answer is simple: Expenses and emotions.
Unfortunately, most investors aren't all that great at learning from their mistakes, so they tend to repeat them.
Here are 10 lessons we can take from the great plunge and recovery to use the next time markets try to pick our pockets.