Author - Richard T. Feight, CFP®

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3 Big Mistakes Most Investors Make and How to Avoid Them

3 Big Mistakes Most Investors Make and How to Avoid Them

1. Procrastination

There are many variables in investing, unfortunately time is not one of them. Yes, you can extend when you are planning on retiring, or fulfilling a goal, but you cannot go back to when you should have started saving. We’ve all heard the saying “the best time to invest is 30 years ago, the next best time is now.” The truth in that saying is due to one principle: the power of compound interest. Compound interest is simply when your gains start earning gains. At that point your original investment isn’t the only money working for you. There …

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