"The most common mistakes were investing in money market funds by people who were so scared at the prospect of managing their own funds that they picked the most conservative option, and their investments did not keep up with inflation. The second major mistake was being too heavily invested in their own company's stock, and buying when it was high and there was a lot of optimism about the company, and then having to sell it low when the company got in trouble."

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Source : Source: www.washingtonpost.com

Hedrick Smith

#Mistake Quotes #People Quotes #Optimism Quotes

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