4 Behaviors That Sabotage Your Investment Goals

Investorpedia.com which we use to house our DWCM fund puts out a good variety of information covering a range of financial and investment topics.  One that caught my eye are some bad behaviors to avoid in order to achieve your financial goals and objectives.  Although these may seem like common sense I think that they bear repeating.


Via the article here are 4 key financial behaviors to avoid

1. Paying Yourself Last
2. Not Maxing out Tax-Advantaged Accounts
3. Paying Too Many Investment Fees
4. Buying High and Selling Low

The Bottom LineIt's easy to blame the market for an underperforming portfolio - and sometimes the market truly is to blame - but a series of small human errors based on bad habits, inattention or emotion can also preclude achieving your goals. Even if you think these four concepts are firmly ingrained, examine your portfolio statements and make sure you're not accidentally putting these bad behaviors into practice. If these concepts are new to you, you may have found some easy solutions to a seemingly mysterious problem.