8 biggest mistakes investors make

Investing comes with enough risks without adding your own missteps to the mix. Here are the most common screw-ups, along with advice on how to avoid them.

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VIDEO ON MSN MONEY

44Comments
May 10, 2014 7:19AM
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Articles like this are guaranteed to bring forth diatribes of vitriol from the unemployed.  However, those of us who went through the list and compared their portfolios to the recommendations - and had done 1 though 10 are in good shape. Especially "big-company stocks have returned just under 10 percent annualized."  I shake my head at the fly-by-night IPOs listed for millions daily.  Just this week the negatives on the stupid one liners ("twitter") came to light.  There's one born every minute.
May 12, 2014 4:24AM
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This article should have been listed as "Advertisement for The Kiplinger Report Newsletter"


The Question is:

When someone buys and holds a stock for their lifetime,

one must already be rich in order to have a monthly dividend to add to other returns..

So, it's not the stock that got you there but the profession in which you 

chose ..

Therefore choose your profession wisely young man and save from the very beginning..

  

May 31, 2014 4:11PM
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Actually the No.1 biggest mistake that an investor can make is to sign a contract with FISHER INVESTMENTS, giving them carte blanche (full authority) to invest your assets.  KEN FISHER / FISHER INVESTMENTs is the worst investment scam perpetrated on seniors and the elderly in modern times --his despicable and deceptive investment scam makes BERNIE MADOFF'S look like a Sunday school picnic!
Jun 8, 2014 9:59AM
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Talking to 10 "experts" will get you 12 opinions, all of them WRONG.
May 12, 2014 8:03AM
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CNBC has so many experts on if they are experts how come so many people pay theses people to have so many different opinions on stocks. Answer they are all guessing, so use your own mind and guess.  ie Cramers is 50% right 50% wrong you can do that ! They change their stands with the wind everyday. Joe Kernin should retire, CNBC pays him to adlib and stretch back in his chair for 2hrs, everyday ! That's not business, in a real co he would have to produce something and would have been gone 20yrs ago.
Jun 8, 2014 9:17AM
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Don't ever listen or trust those article writers  if they're so good they would been already filthy

rich and not writing worthless lame articles for outadet Kiplinger or msn.

May 11, 2014 10:04PM
Jun 8, 2014 9:10AM
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First keep in mind that ALL of the magazines and those article are info-mercials

paid by the mutual funds or investment  firms.

2nd investing in the market is 100% crapshoot . remember the 1987 and 2008

it WILL HAPPEN AGAIN SOON. Do not trust msn or any talking head on nsnbc

or ANY MEDIA.

Jun 8, 2014 9:04AM
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Biggest mistake In investing for America's future was putting that corrupt socialist Obama in the White House.
Jun 9, 2014 11:06PM
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BigBOB865,
Most investors who have been scammed by FISHER INVESTMENTS are either just too embarrassed or too to ashamed to admit it! They just bury their heads in the sand and say "Oh, well, you can't win them all."   That's preciously what KEN FISHER is relying on -- he's no dummy!  He known's exactly how to manipulate the seniors and elderly with his sophisticated, emotionally charged, and cleverly worded ads, accompanied with enticing picturesque photos to entrap these unsuspecting investors. Once entangled and entrapped -- when you sign a FISHER INVESTMENTS CONTRACT, FISHER IMMEDIATELY GAINS COMPLETE CONTROL OF YOUR MONEY THROUGH POWER OF ATTORNEY!  You are now "out of the loop" and he can invest your hard earned money ANYWAY he desires!  He holds on to it like a snapping turtle; he'll fight you, bite you, or try ANY TRICK  to retain your money -- even to the point of charging you $1000.00 for "early termination fees,"  if you try to get out within 30 days!  The only way to beat this scumbag is for everyone, who has been "screwed" by FISHER INVESTMENTS, to stand together either in a class-action lawsuit or a formal complaint to the FTC (what a joke). 

Sir, I certainly commend you for recognizing and exposing FISHER INVESTMENTS  for the slimy blood-sucking leaches they are and having the backbone to express your opinion openly on MSN!

Don Moore
Jun 8, 2014 3:20PM
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Investment companies come and go.  Networks an web sites will always have their experts, but rule #4 will always apply; never put all your eggs in one basket.
Jun 8, 2014 2:37PM
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If you have stable job, owning a home, for most, is a vital part of your financial future, especially when looking at retirement. It is a whole lot easier making SS, personal retirement accounts, annuities and/or pensions stretch if your home is mortgage-free rather than paying rent. Of course, taxes, upkeep and repairs will ding that somewhat. But when  looking at the alternative and the fact that a home;s equity is not added as assets when trying to qualify for tuition or gov't assistance, you can see a huge upside. Too bad the article writers don't tell the whole home ownership story.  
Jun 14, 2014 8:56AM
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Investing while Clinton was President - everyone made $$$$$$$$
Investing while Bush was President - everyone LOST $$$$$$$$$$$$$$$ A LOT OF $$$
Investing while Obama was President - everyone MADE $$$$$$$$$$$$$$$$$$$$$

The basics:  Watch how you vote.  Vote right, you make $$$, vote wrong, you lose $$$


Jun 14, 2014 9:40AM
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Investing. A word heard every day. It means investing for a purpose, end result, goals, retiring etc.

If you have $389.00 in a savings account and can not afford to add to it, then investing is out of the question. It is a habit that is good to have. Think about the now, next year, ten years and your long range future. Generally $1000.00 will get you started with an investment account. Today interest rates are so low a savings account just protects your money from theft however in pretty safe investments a return of 4.5 to 6% is available. As your investment begins to have interest and/or dividends, have those funds go directly into a cash account. Look at I shares and corporate bonds. Add new money (as often as you can) to the cash account until you have enough money to buy another investment. Doing this you will only pay a commission on the original purchase of your investment. If you do not want to spend money on 'how to invest books' go to a library. Investing for life is the tortoise not the hare.

Jun 14, 2014 9:54AM
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The advice in this article is not too bad.  The one key point made here is do not treat your home as an investment.  It is not an investment.  It's a place to live.  As an investor of many years now I know what the definition of an investment is and it's not a home.  The only way to make money is to be invested in the financial markets, but you must know what you are doing before getting involved.  Locate a reputable financial adviser that YOU trust with YOUR money to get you started.  Then learn everything you can about the art of investing money.  It will pay off in the end.
Jun 14, 2014 3:56PM
May 11, 2014 10:07AM
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"Mistake No. 5: Treating your home as an investment
But consider Knight Kiplinger's advice: "I regard my home as a place to live, not as an investment. It is not a substitute for retirement savings."

One of the Biggest failures a person can make and therefore not be able to even to invest for Retirement is listening to BS like this. If invest more in your Home then you can afford, you are already way behind in the investment game. Picking the right Career and Picking the Right Size/Priced Home is crucial in ever being able to save for retirement. This nut-job is clueless as are most Main Stream Media Types.

Jun 8, 2014 1:43PM
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ThAnk your lucky stars only the capital gain is taxed cause baby we gonna tax the investment capital present at Point of Sale real soon.
Jun 8, 2014 1:52PM
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Capital gains tax only applies to your profit, not the original investment. Too bad you dumass es think your money is getting taxes twice. Stupidly reigns supreme amongst the Goptards.
Jun 8, 2014 11:51AM
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The eight (8) biggest investment mistakes.


1. Thinking that your investments mean anything. You need a stable environment to accumulate wealth. No such thing exists. For example: You will change jobs (according to MSN) on the average of seven (7) times, meaning that you will be fired and put out on the street, where your investments will mean nothing because you will need all of them just to feed yourself while you are looking for a job.


2. Believing that your money is really truly your money. Taxes, baby. Capital Gains. Only the big boys actually make any money. And you are a nobody. Your money is just a side order of their money.


3. Investment require a rate of return in order to mean anything. Can you say Zero Interest Rate Policy (ZIRP)?


4. Can you say NIRP (Negative Interest Rate Return) policy. Coming soon to your money.


5. The value of the USD dollar is falling too fast for you to make any money.


6. The cost of everything is rising too fast, thus eating up the value of your investments.


7. All this investment talk is 30 to 50-years old. Eggs? There are no eggs. Baskets? There are no baskets.


8. You really think you can out play a computer? Think anything has been or will be done about HFT?


9. Bonus Reason. You are an idiot if you don't know you will played for a sucker.

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