Dr Shane Oliver, Head of Investment Strategy and Chief Economist takes a look at a look at the nine most common mistakes investors make.
The key points are as follows:
- Many of the mistakes investors make are based on common sense rules of thumb that turn out to be wrong
- As a result, it’s often wise for investors to turn common sense logic on its head.
- The easiest way to avoid many of these mistakes is to have a long-term investment plan that aligns your financial goals with your risk tolerance
If you would like to discuss any of the issues raised by Dr Oliver, please call on +61 07 5610 1915.