10 Must Avoid Bloopers of Investing

The investing road is always full of twists and turns.
There is much that can go amiss without even trying.

Wise investors know the value of regularly reviewing what works.
And, more importantly, what does not.

Here is our summary of 10 "must avoid" bloopers of investing:

1.) Not setting portfolio goals.
2.) Not following any long-term investment plan.

3.) Not saving enough on a regular basis.
4.) Not establishing asset mix targets.

5.) Not conducting regular portfolio reviews.
6.) Insufficient diversification.

7.) Taking on more risks than financial comfort allows.
8.) Getting emotionally attached to investments owned.

9.) Chasing hot bandwagons of the day.
10.) Not rebalancing the asset mix periodically.

Stewarding the "serious" money is a marathon, not a 100 yard dash.
It requires patience, discipline, objectivity and clear investment strategies.

Investors who avoid these 10 bloopers will typically make better portfolio decisions.
However, some game plans may have to be occasionally changed or even scrapped.

Best,
Adrian Mastracci
Portfolio Manager
KCM Wealth Management Inc.