Successful investing is rare. One thing that the majority of experts can agree on is that this success comes less from makng brilliant moves than from minimizing errors. In tennis, this is referr3ed to as limiting unforced errors.

There are some classic mistakes that you want to avoid. Some of these mistakes simply stem from not following sound basic principles. To avoid costly blunders, keep these points in mind:

Read More

Many investors make the mis-take of selling investments in a panic. Most often, this means selling at a loss.

But there are ways to avoid ending up in this situation. The best is to design your investment portfolio so that, in the long run, it doesn’t matter whether some of your assets yo-yo in value here and there. By diversifying your portfolio among different asset classes, you can ensure that your losses in one type of investment are buoyed by stability—or even gains—in other types. Thus, you don’t lose sleep over a temporary decline in value, and you can resist the urge to sell in a panic.

Read More

Despite mounting empirical evidence that active investment management is inferior to low-cost passive management, the huge industry of actively managing portfolios unfortunately persists.

Read More

Much has been said and written on the secrets of successful investing. Yet these prescriptions are anything but secret—there’s nothing new under the sun—and these so-called secret strat-egies can’t be counted on to produce results.

There is no one thing, no silver bullet, that can guarantee suc-cessful investment returns. People who look for a silver bullet are look-ing for an easy way to achieve investing success. But there simply is no easy way.

Read More