Tag: mistakes

Charlie Munger said he ‘wouldn’t be so rich’ if others ‘weren’t so often wrong’ — 5 deadly investing mistakes

Charlie Munger said he ‘wouldn’t be so rich’ if others ‘weren’t so often wrong’ — 5 deadly investing mistakes Legendary investors Warren Buffett and Charlie Munger turned Berkshire Hathaway into a multibillion dollar juggernaut through savvy investments. Munger, who passed away last year, often alluded to the fact that their investment success was based on […]

Trump’s Lawyers Are Making Major Mistakes

As Donald Trump’s criminal trial in Manhattan reaches a critical turning point, an amusing paradox has emerged. For once, Trump claims to be happy with his lawyers’ performance after a long history of fractious relationships with his attorneys. This might ordinarily be a welcome development for him — but the problem is that they are […]

Home insurance mistakes to avoid as we enter hurricane season

Nobody likes paying for homeowner insurance. That’s been especially true in Florida, where over the past few years, as more frequent storms and high litigation rates have doubled the cost of insurance for just about everyone who owns a home. It’s tempting for homeowners, particularly seniors on fixed incomes, to put off critical upgrades or […]

Avoid These 7 Mistakes When Rolling Over Money Between Retirement Accounts

shapecharge / iStock/Getty Images One of the most important financial decisions you’ll make is how to handle your retirement accounts when changing jobs. Rolling over your 401(k) or other accounts correctly can ensure your hard-earned retirement savings keep growing tax-deferred. But making mistakes during this process can cost you big time in taxes, penalties and […]

The 2 Worst Mistakes Investors Can Make Right Now

The S&P 500 (SNPINDEX: ^GSPC) advanced 24.2% in 2023 as signs of economic resilience made investors increasingly confident in a soft landing, a scenario in which the Federal Reserve successfully brings inflation under control without causing a recession. That momentum has spilled into 2024. The S&P 500 advanced another 10.2% during the three-month period that […]