Six ways retirees fool themselves
Investor confidence is currently high compared to previous periods, especially now that the bulk of baby boomers are retiring, according to MarketWatch. However, some retirement investors still follow mistaken and oversimplified assumptions in their investing approach. Some of these are the belief that investing can be done with little research; low-cost investments are usually successful; stock market drops are brief; and that “alternative investments,” such as gold, serve as excellent countermeasures. Investors need to properly understand how such assumptions are mostly untrue in order to avoid investment pitfalls. --MarketWatch
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