Wall Street's popular 'rules of thumb' failed investors in 2014

Yahoo Finance reports:

There are plenty of handy guidelines for playing the stock market based on historical patterns and observed seasonal rhythms.

In 2014, it would have been best to ignore them. Close adherence to the calendar-based wisdom would have caused investors to miss much of the year’s upside and likely would have put them in the wrong kind of stocks for the rally that followed the October low.

Check out what didn't work out.