2008 Investing Dos and Don'ts
We offer some tips for avoiding classic investing mistakes.
With the holidays in the past and several months of winter yet to come (at least here in Chicago), the new year is a great time to buckle down and turn a critical eye to your investment performance--what you're doing right, and what you'd like to change. But try as we might, we will continue to make some investing mistakes over and over again. In this article, we'll delve into some of the reasons we make those mistakes--and ways you can banish those performance-crushing tendencies in the future.
In his new book titled, Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich, Jason Zweig combines investing advice with recent discoveries in neuroscience, offering a look at how our brains may be working against us in our quest for long-term investing success.