Don’t Get Burned Chasing Hot Performers
“Ten Funds You Absolutely Must Own Right Now” could be the cover of a major publication you might read. Every year, several financial magazines designate a handful of investments that they exhort the reader to buy immediately. As hype builds, it’s easy to get caught up in the excitement, imagining coffers overflowing with cash. However, chasing the latest investment trends may just as easily leave an investor with a big loss. A Lack of Discipline Sometimes an investor’s biggest obstacle may not be taxes or inflation, but rather his or her own behavior. Undisciplined investor behavior accounts for a high…