Investment failure is caused by one or more critical mistakes on the investor’s part—unforced errors—that he need never have made. A financial advisor can help.
In last month’s article, we reviewed one of the most awful years in American history. This month, we explore how our own human nature causes us to make so many unforced errors.
Another All-Time High
As I sit down to write this month’s commentary, the S&P 500 is reaching another all-time high, a level of just about 4,100. Given how many new all-time highs I have seen the equity market reach over my 30-year career, I am constantly amazed at how many people still say things like, “I lost money in the stock market.” or, “Stocks are too risky for me.”
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