Tuesday, 3 July 2012

Avoid Common Investment Mistakes. Keep your emotions in check.

A recent report from Barclays Wealth identified four of the most common mistakes people make:
Focusing on single investments rather than the big picture.Consequence: not being appropriately diversified
Concentrating on a short-term time horizon. Consequence: mistiming the market
Taking more risks when comfortable and less risks when not.Consequence: buying high, selling low
Taking actions in hopes of gaining control. Consequence: high fees from trading too frequently


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