Surging stocks make investors feel smart. Pay heed to the many ways you can go wrong.
By MORGAN HOUSEL
With the S&P 500 near an all-time high and the Nasdaq Composite approaching the 5000 mark for the first time since the dot-com bubble, it may feel like investing is easier than ever. It is times like these when paying attention to what not to do becomes crucial.
How do you become a better investor? Learn the basics. Study the masters. Seek out quality advice.
But some of the most important investing moves are the actions you don’t take, the forecasts you don’t read, the advice you ignore and the feelings you reject.
Here are nine mistakes to watch out for: Read more