Let’s face it, there are many mistakes investors make. Trying to single one out as the biggest, or worst mistake ever is tough. I’ve made my share over the years, including this one. What’s worse, this has played a consistent role in past bubbles and busts.
It goes by many names: chasing returns or rearview mirror investing. The biggest mistake investors make is the belief that what happened in the past will continue into the future. It’s an affliction many of us deal with all the time. But there is good news. It’s curable.
Investing With Blinders
This happens with stocks, bonds, mutual funds, and index funds. The hottest of each gets the most attention and the money follows. These are often misconstrued as safe investments, can’t miss opportunities that inevitably fail. Continue Reading…
Finding the right mutual fund might seem like a never ending maze of possibilities. But it doesn’t have to be complicated. Here are some simple guidelines to help you choose a mutual fund that fits perfectly with your portfolio.
With the different types of mutual funds to choose from there’s a good chance you’ll come across one that you didn’t know about. It just might be a perfect fit for your portfolio…or not. You’ll never know unless you understand the basic types of mutual funds available.