When you sell during a panic you may miss the market's best days

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When you sell during a panic you may miss the market's best days
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Bank of America said to 'avoid panic selling,' since stocks' best days usually follow the worst.

During times of high volatility, it can be tempting to get out of the market, but Bank of America said this can cost investors a lot over the long term.

"Negative headlines and panic selling are not good reasons to sell," Bank of America said in a recent note.

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