Four Top Investment Mistakes You Are Making Today
Investing is a task unlike any other.
Rarely is there an opportunity to outperform just by
avoiding the big mistakes.
The truth is, though, that the best investors aren’t those that hit
home runs.
The...
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Four Top Investment Mistakes You Are Making Today
Investing is a task unlike any other.
Rarely is there an opportunity to outperform just by
avoiding the big mistakes.
The truth is, though, that the best investors aren’t those that hit
home runs.
The best investors simply avoid big mistakes.
Here are a few common mistakes that investors make in investment selection:
1.
Buying investments you “love” – Much like a mother can forgive her child for
almost anything, an investor in love with a company, sector, or type of exposure,
can easily overlook problems in their investment objectives.
This happens most
frequently with individual stocks – people who love a company often hold it even
though the obvious decision is to sell.
Take, for example, investors who loved the
old school RadioShack.
The company was a nerd’s favorite, but over time the
company lost its nerdiness and its competitive advantage.
Those who are loyal to
the brand – one which used to be a leader in selling the mos
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