The 5 Mistakes Every Investor Makes and How to Avoid Them by Peter Mallouk

The 5 Mistakes Every Investor Makes and How to Avoid Them by Peter Mallouk

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.