Investors' 10 most common mistakes


D

David S Meyers CFP

A really great "top 10" list by Barry Ritholtz:

Investors' 10 most common mistakes

http://www.ritholtz.com/blog/2012/07/investors-10-most-common-mistakes/

I seriously recommend reading the whole article - it's not long - but
here's the summary:

1. High fees are a drag on returns
2. Reaching for yield
3. You (and your behavior) are your own worst enemy
4. Mutual funds vs. exchange-traded funds
5. Asset allocation matters more than stock picking
6. Passive vs. active management
7. Not understanding the long cycle
8. Cognitive errors
9. Confusing past performance with future potential
10. When paying fees, get what you pay for

(okay, it's not clear from the wording that those are errors, but I'm
not the grammar police, and they do point out things where one might
make errors)

Share and enjoy!

--
David S. Meyers, CFP®
http://www.MeyersMoney.com
disclaimer: discussions in misc.invest.financial-plan are for
educational purposes only and should not be construed as financial
advice. For personal financial advice, please consult directly with a
professional.
 
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B

bo peep

I see the article refers to the brain as "wetware"; I never saw this before.
Is this colloquialism making the rounds?
Its been around for decades in the information technology field. They deal with software that runs on hardware, so...
 
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