Investment risks — Part 4
Ups and downs in investments, emotions and fees
In the last of a four-part series, Mary talks about the risks described in the newly updated “Upside, Downside — a guide to risk for savers and investors”. (Download it here). In this session:
- Being overconfident about your ability to trade investments or time markets
- Taking on more volatility than you can cope with
- Letting your emotions rule your investment decisions
- Taking on more work or worry than expected
- Counting on dividend income
- Paying too much in fees and other expenses
- Being tax-driven
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Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.