Investment Pitfall #4: Failing to Diversify Properly
Having a properly diversified portfolio is the best defense against the unexpected events that inevitably affect the financial markets.
Investment Pitfall #3: Chasing Performance & Trying to Outsmart the Market
It’s natural to want to outsmart the market and it’s easy to see why timing the market and chasing performance are so tempting. But don’t!
Investment Pitfall #2: Building Portfolios Based on Predictions
What are the main sources and dangers of financial predictions and how have some past predictions stacked up against actual outcomes?
Investment Pitfall #1: Not Having an Investment Philosophy
Today we discuss why you need a strategy to avoid making investment mistakes and the components and criteria of an investment philosophy.
Investment Noise: Leads to Traps and Pitfalls for Investors
Investment “noise” can be obstacles on the path to investment success – what are the main sources and how you can block them out?