The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right - Hardcover

Mallouk, Peter

Hardcover

ISBN 10: 1118929004 ISBN 13: 9781118929001

Publisher: John Wiley & Sons, 2014

Synopsis

Identify mistakes standing in the way of investment success With so much at stake in investing and wealth management, investors cannot afford to keep repeating actions that could have serious negative consequences for their financial goals. The Five Mistakes Every Investor Makes and How to Avoid Them focuses on what investors do wrong so often so they can set themselves on the right path to success. In this comprehensive reference, readers learn to navigate the ever-changing variables and market dilemmas that often make investing a risky and daunting endeavor. Well-known and respected author Peter Mallouk shares useful investment techniques, discusses the importance of disciplined investment management, and pinpoints common, avoidable mistakes made by professional and everyday investors alike. Designed to provide a workable, sensible framework for investors, The Five Mistakes Every Investor Makes and How to Avoid Them encourages investors to refrain from certain negative actions, such as fighting the market, misunderstanding performance, and letting one's biases and emotions get in the way of investing success. Details the major mistakes made by professional and everyday investors Highlights the strategies and mindset necessary for navigating ever-changing variables and market dilemmas Includes useful investment techniques and discusses the importance of discipline in investment management A reliable resource for investors who want to make more informed choices, this book steers readers away from past investment errors and guides them in the right direction.

About this title

About the Author

PETER MALLOUK, JD, MBA, CFP, is the President and Chief Investment Officer of Creative Planning and affiliated companies. Mallouk?s companies provide comprehensive wealth management services to its clients, including investment management, financial planning, charitable planning, retirement plan consulting, tax, and estate planning services. He has been named the #1 independent financial advisor in America on Barron?s list and his company has been named the #1 independent wealth management firm in America by CNBC.

From the Back Cover

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.

From the Inside Flap

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.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2014
• Language: English
• ISBN 10: 1118929004
• ISBN 13: 9781118929001
• Binding: Hardcover
• Number of pages: 208