7 Common Mistakes Investors Make

1. Calculating their rate of return without including inflation, taxes and fees
2. Expecting an unrealistically high rate of return
3. Not having a plan, or having one but not sticking to it
4. Taking advice from family and friends without doing their own homework
5. Measuring success over too short a period of time
6. Thinking only about the upside of an investment, not the downside
7. Selecting investments based on their track record

Reprinted from Retire without Worry by Robert J. Reby, CFP
and retirement planning expert.
© 2004 R.J. Reby Foundation.

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