Retirement Investing Mistakes You Should Avoid ASAP

Investing aimlessly

Then there are the investors who follow the herd and jump in as the market is going up, investing in hot sectors on a whim, often taking on more risk than they might otherwise.

“It’s not only being too aggressive, but not having a whole plan. When the market is going up, they take on too much risk for their investment profile. (Then) when the market pulls back their accounts, (they) see a decline and they go to cash without a plan on when to get back in,” says Christopher Zeches, CFP professional and managing partner of Zeches Wealth Management.

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