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 1300 181 707.