Book Description

From the Inside Flap The 5 Mistakes Every Investor Makes and How to Avoid Them offers investors an accessible guide for understanding how to steer clear of investing blunders and adopt the winning strategies that can dramatically improve investment performance, reduce stress, substantially increase the probability of achieving investment goals, and even improve quality of life. Written by Peter Mallouk, an expert in wealth management, this handy reference shows how to navigate the ever-changing variables and market dilemmas that often make investing a risky and daunting endeavor. Mallouk defines the five most common investment missteps?market timing, active trading, misunderstanding performance and financial information, letting yourself get in the way, and working with the wrong investment advisor?and includes detailed information on how to dodge the most common investing pitfalls. In addition to outlining the investing errors to avoid, Mallouk reveals the ten rules for getting investing right. He shares the proven investment techniques that have worked so well with his clients and discusses the importance of taking a disciplined investment management approach. Ultimately, the book offers a sensible framework that can help maximize the odds for investment success. To demonstrate how to apply the ten investing rules, the book contains illustrations of exemplary investment portfolios that address various types of investment goals. Step by step the author reveals what it takes to construct an intelligent portfolio and includes information on how to use stocks and bonds as the core building blocks. For higher net worth investors, Mallouk suggests adding real estate and energy to a portfolio to serve as inflation hedges. He also offers a wealth of other sound investing advice that can go a long way toward building a first-rate investment portfolio. The 5 Mistakes Every Investor Makes and How to Avoid Them gives investors a reliable resource for making the type of informed choices that will lead to a lifetime of investing success. Read more From the Back Cover 'Peter offers a lively description of the common mistakes investors make in their quest to beat the market. Avoiding these pitfalls and following an informed, disciplined approach can improve the odds of a positive investment outcome.' ?David G. Booth, Chairman and Co-Chief Executive Officer, Dimensional Fund Advisors THE HANDS-ON GUIDE TO 'ALMOST' MISTAKE-FREE INVESTING Don't let market timing, active trading, acting on bad information, making behavioral mistakes, or hiring the wrong advisor lead you on a path that could permanently damage your financial wellbeing. In The 5 Mistakes Every Investor Makes and How to Avoid Them wealth management expert Peter Mallouk reveals the most common and critical mistakes that investors make and provides a sensible framework for creating a winning investment portfolio in any market environment. This book offers an accessible reference to financial health and shows how investors can navigate the shifting variables and market dilemmas that often make investing a challenging enterprise. The 5 Mistakes Every Investor Makes and How to Avoid Them is filled with easy-to-apply investment techniques and reveals the critical importance of disciplined investment management. For any investor, no matter what their financial profile, this is a proven and reliable handbook for making the type of investment choices that can lead to a sound financial future. Read more See all Editorial Reviews