investing

5 behaviors shackle investment strategy

Inertia in investing
Next
2 of 6
Back
Inertia in investing

Inactivity can prove detrimental to your personal finances, and it could result from the fear of investors to take on risk or a fear of failure.

Evan Kessler, Certified Financial Planner and founder of ESK Capital Management LLC in New York, says one major problem with many clients is the tendency to take on too much risk or not enough.

"Many of my retired clients who were frightened by the large market drop of 2008 are now sitting with portfolios that contain too much cash and/or bonds," he says. He warns that the effects of inflation and taxes will prevent these investors from reaching their retirement goals.

"Although they are not taking equity market risk, they still risk running out of money," Kessler says.


 

 

advertisement

          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

CDs and Investment

Should lucky gambler play the market?

Dear Dr. Don, I recently got lucky at a casino and won $8,000. I have a car loan and carry balances on my credit cards, but I never miss a payment. I don't want to blow all the winnings by paying down unpaid debt for my... Read more

advertisement

Blog

Dr Don Taylor

Why you should care about currencies

The dollar has been on a tear in recent months, strengthening against most major currencies.  ... Read more

Partner Center
advertisement

Connect with us