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10 Investment Biases That Fried My Nest Eggs: But I Still Made $900,000

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Product Code: 9781547188956
ISBN13: 9781547188956
Condition: New
$13.38

10 Investment Biases That Fried My Nest Eggs: But I Still Made $900,000

$13.38
 
I wrecked my portfolio My retirement nest egg could have contained over a $1 million. Invested at 8% in a balanced fund, I could have spent $80,000 a year on average. But I fell victim to 10 investment biases that wrecked my portfolio. After learning about my mistakes, I was able to recover and still grew it to $900,000. I had never heard of Warren Buffett when I began investing in the early 80s. Warren Buffett had not yet provided his secret to investing. I had no idea that for investing, the key to success is cost. I did not know you can avoid taxes on retirement income. I did not know my money could grow faster just by leaving it alone. My first contact with 'investing' was deciding which options for my 401k account. The HR person said "you won't lose money with this one." They steered me to the "stable value" and money market options. That was my first big mistake. I learned to avoid my biases and invest well.

Author: Law Steeple MBA
Publisher: CreateSpace Independent Publishing Platform
Publication Date: Jun 07, 2017
Number of Pages: 66 pages
Language: English
Binding: Paperback
ISBN-10: 1547188952
ISBN-13: 9781547188956
 

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