Subscribe to Entrepreneur for $5
Subscribe

Follow The Rules

To err is human; to put your personal finances in order is divine. One expert shows you eight common mistakes you can avoid.

By
This story appears in the January 2000 issue of Entrepreneur. Subscribe »

"Bulls and bears aren't responsible for as many stock losses as bum steers." --Olin Miller

Recently, a new client came in to meet with me. About to retire, he wanted to be sure he could maintain his lifestyle with his current investments. As he pulled out his retirement plan statement, his whole demeanor changed. "I can't believe I've left all this money in a money-market fund for the past six years," he said. "I could have done so much better if only I had invested a little of it in the stock market. I was just so afraid of losing it that I didn't do anything."

Memorial Day Subscription Sale- Unlock this subscriber exclusive article and more for 20% off today.

Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.

Get a year subscription today for 20% off. Just use code SAVE20 at checkout.

Entrepreneur Editors' Picks