More gooey goodness from DALBAR’s research shows:
No evidence has been found to link predictably poor investment recommendations to average investor underperformance. Analysis of the underperformance shows that investor behavior is the number one cause, with fees being the second leading cause.
When the market is doing well (like it has for the past several years), it does an excellent job of hiding investor mistakes. When a correction comes, it exposes those mistakes… and it’s very very painful for folks who have been making poor investment choices or who have poor savings habits.
Anywho, how do you change behaviors? Create new savings habits. How do you create new savings habits? By changing how you save.
If you’re ready for change, sign up to my email list, now.