We all make mistakes, but imagine losing your financial solvency
or your children's inheritance to the failing economy. Buying low
and selling higher is the name of the game, but we often do the
opposite. As the stock market rises, we remain on the sidelines,
watching as others are reaping monetary rewards. We want to
rebuild, but we are fearful of losing additional funds in today's
risky market.
These challenges have plagued investors for decades, many of
whom have lost much of their investments in various recessions.
Even so, you can transform your investment mistakes into financial
gains. Making a comeback from investment errors requires an
understanding of some basic elements of investing, such as
predictable investor behavior; insight from hindsight; risk/reward
consideration; chance of loss measurement; and data and
analysis.
All investors experience the same psychological emotions and are
susceptible to making the same investing errors of judgment; thus,
the winners and losers are determined by how they play the game.
Author Juliana Vilke offers winning investment strategies for women
along with advice from wealthy investors who learned a great deal
from their investment mistakes. She offers time-tested advice to
help any woman take control of her investing future.
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