Millionaires Top 5 Investing Mistakes

Millionaires make some of the same investment mistakes as everyone else—it’s just that their mistakes can cost more. A new survey of millionaire investors around the world found five mistakes that are most common among millionaires.

The most widespread: failure to diversify. While a concentrated position in a single asset or industry can certainly help make someone rich, it’s a recipe for disaster when trying to invest or preserve wealth.

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Written by: Robert Frank

June 4, 2014 In: Financial Articles Comments (None)