Investment
The 6 Biggest Investing Mistakes
Steering clear of mistakes is one of the great secrets of long-term investment successBurton G. Malkiel, Princeton economics professor and author of “A Random Walk Down Wall Street,” and Charles D. Ellis, author of “Winning the Loser's Game,” have teamed up to write “The Elements of Investing.”
Beware of Deceptive Financial Advisers
There's good reason to check out a financial planner before you sign on for his or her services. In fact. Melanie Senter Lubin can point to a fewhundred of them. Lubin, a commissioner in the securities division for the Maryland attorney general's office, which investigates financial and securities firms accused offraud and regulates investment advisers, says that in fiscal year 2005, about 25% ofthe 1,300 incidents her office investigated involved claims against advisers.
'We think planners serve a critical function in helping you invest, save, plan for retirement, and more, but it's a good idea to pay attention from the start," she says. "There's always someone out there trying to separate you from your money."
There are different types of financial professionals. Before you start looking for financial help, you should know that they are.
