investing

5 behaviors shackle investment strategy

Overanalyzing investments
Next
4 of 6
Back
Overanalyzing investments

Spending an extraneous amount of time analyzing financial paperwork can have negative repercussions.

Krueger says he knew an investor who pored over investment data to choose the most lucrative stocks and bonds, but he couldn't bring himself to buy. In 20 years, he failed to make any equity investments, instead stuffing his money in a low-yielding savings account.

"In other words, he had a great plan but failed to act on it. No matter how wonderful the plan, if it remains a theory it doesn't work," Krueger says.

The best financial decisions come from a balanced decision-making process and a sound strategy for vetting investments. With those two components working in sync, an investor can gather information, assess it and make an informed decision to fulfill his or her plan's goals, Krueger 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

Sheyna Steiner

Guess who hates state auto IRAs?

In December, Illinois passed a bill to roll out automatic IRAs for workers not covered by a workplace plan. You won't believe who hates the idea.  ... Read more

Partner Center
advertisement

Connect with us