Rule 1: Don’t Pay Others to Lose Your Money

Panos Mourdoukoutas
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Panos Mourdoukoutas: LIU Post

Chapter 1 in Intelligent Investing in Irrational Markets, 2013, pp 10-16 from Palgrave Macmillan

Abstract: Abstract Paying someone to lose your money isn’t fun. That’s why you should either take your financial destiny in your own hands, or choose your financial advisor carefully—the way you choose a medical doctor or a lawyer. Always know where your money is invested and how it performs: read your monthly and quarterly account statements, and meet with your financial advisor regularly to review portfolio performance and investment strategy.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34289-8_2

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DOI: 10.1057/9781137342898_2

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