The 5 Mistakes Every Investor Makes and How to Avoid Them (Review and Analysis of Mallouk's Book)
()
About this ebook
This complete summary of the ideas from Peter Mallouk's book "The 5 Mistakes Every Investor Makes and How to Avoid Them" states that not many investors get a huge return on their investments. According to Mallouk, the reason for this is because investors make five mistakes that stop them from investing in the right things.
The five mistakes are:
1. Trying to time the market
2. Active trading of stocks
3. Believing financial media will help you make money
4. Not recognising your biases
5. Getting a financial adviser
By recognising these mistakes and applying the ten features that make a good investor, you can avoid these pitfalls and start getting better returns.
Added-value of this summary:
• Save time
• Recognise the common mistakes
• Apply the ten features of a good investor
To learn more, read the summary of “The 5 Mistakes Every Investor Makes and How to Avoid Them” and start investing in the right things!
Read more from Business News Publishing
Leaders Eat Last (Review and Analysis of Sinek's Book) Rating: 5 out of 5 stars5/5The 4-Hour Workweek (Review and Analysis of Ferriss' Book) Rating: 4 out of 5 stars4/5The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5Rocket Fuel (Review and Analysis of Wickman and Winter's Book) Rating: 5 out of 5 stars5/5To Sell Is Human (Review and Analysis of Pink's Book) Rating: 5 out of 5 stars5/5DotCom Secrets (Review and Analysis of Brunson's Book) Rating: 4 out of 5 stars4/5Understanding Financial Statements (Review and Analysis of Straub's Book) Rating: 5 out of 5 stars5/5The Fifth Discipline (Review and Analysis of Senge's Book) Rating: 0 out of 5 stars0 ratingsThe One Page Business Plan (Review and Analysis of Horan's Book) Rating: 5 out of 5 stars5/5What They Don't Teach You at Harvard Business School (Review and Analysis of McCormack's Book) Rating: 4 out of 5 stars4/5The Ultimate Sales Machine (Review and Analysis of Holmes' Book) Rating: 4 out of 5 stars4/5How to Master the Art of Selling (Review and Analysis of Hopkins' Book) Rating: 0 out of 5 stars0 ratingsGood Strategy Bad Strategy (Review and Analysis of Rumelt's Book) Rating: 3 out of 5 stars3/5The 80/20 Principle (Review and Analysis of Koch's Book) Rating: 4 out of 5 stars4/5The One Thing (Review and Analysis of Keller and Papasan's Book) Rating: 5 out of 5 stars5/5Traction (Review and Analysis of Weinberg and Mares' Book) Rating: 5 out of 5 stars5/5Execution (Review and Analysis of Bossidy and Charan's Book) Rating: 0 out of 5 stars0 ratingsThe Mckinsey Mind (Review and Analysis of Rasiel and Friga's Book) Rating: 4 out of 5 stars4/5The Sandler Rules (Review and Analysis of Mattson's Book) Rating: 5 out of 5 stars5/5The HR Scorecard (Review and Analysis of Becker, Huselid and Ulrich's Book) Rating: 5 out of 5 stars5/5The Millionaire Next Door (Review and Analysis of Stanley and Danko's Book) Rating: 5 out of 5 stars5/5Switch (Review and Analysis of the Heath Brothers' Book) Rating: 5 out of 5 stars5/5Ready, Fire, Aim (Review and Analysis of Masterson's Book) Rating: 5 out of 5 stars5/5The CashFlow Quadrant (Review and Analysis of Kiyosaki and Lechter's Book) Rating: 0 out of 5 stars0 ratingsTalent Is Overrated (Review and Analysis of Colvin's Book) Rating: 0 out of 5 stars0 ratingsThe Speed of Trust (Review and Analysis of Covey's Book) Rating: 5 out of 5 stars5/5Multipliers (Review and Analysis of Wiseman and McKeown's Book) Rating: 0 out of 5 stars0 ratingsStart Late, Finish Rich (Review and Analysis of Bach's Book) Rating: 4 out of 5 stars4/5Built to Sell (Review and Analysis of Warrilow's Book) Rating: 4 out of 5 stars4/5Getting Everything You Can Out of All You've Got (Review and Analysis of Abraham's Book) Rating: 5 out of 5 stars5/5
Related to The 5 Mistakes Every Investor Makes and How to Avoid Them (Review and Analysis of Mallouk's Book)
Related ebooks
Summary of Mark Douglas' Trading in the Zone Rating: 0 out of 5 stars0 ratingsRule 1 of Investing: How to Always Be on the Right Side of the Market Rating: 4 out of 5 stars4/5Summary of William Green's Richer, Wiser, Happier Rating: 0 out of 5 stars0 ratingsPayback Time (Review and Analysis of Town's Book) Rating: 0 out of 5 stars0 ratingsDollarlogic: A Six-Day Plan to Achieving Higher Investment Returns by Conquering Risk Rating: 0 out of 5 stars0 ratingsWhat I learned Losing A Million Dollars | Summary Rating: 3 out of 5 stars3/5Penny Stocks: Personal Finance Revolution Rating: 3 out of 5 stars3/5Millionaires Simple Guide to Big Money and Wealth Building For Beginners Rating: 0 out of 5 stars0 ratingsThe Big Secret for the Small Investor (Review and Analysis of Greenblatt's Book) Rating: 0 out of 5 stars0 ratingsStocks: The Beginners Guide To Safe Stock Market Trading Rating: 2 out of 5 stars2/5The Only Three Questions That Still Count: Investing By Knowing What Others Don't Rating: 5 out of 5 stars5/5The Illiterate Investor: Simple Strategies to Invest in the Stock Market Rating: 0 out of 5 stars0 ratingsLoads of Money: Guide to Intelligent Stock Market Investing: Common Sense Strategies for Wealth Creation Rating: 0 out of 5 stars0 ratingsAhead of the Curve: Nine Simple Ways to Create Wealth by Spotting Stock Trends Rating: 0 out of 5 stars0 ratingsSummary of Andrew W. Lo & Stephen R. Foerster's In Pursuit of the Perfect Portfolio Rating: 0 out of 5 stars0 ratingsSummary of Richard A. Ferri's All About Asset Allocation, Second Edition Rating: 0 out of 5 stars0 ratingsThe Millionaire in You (Review and Analysis of LeBoeuf's Book) Rating: 0 out of 5 stars0 ratingsSummary of Joshua Brown & Brian Portnoy's How I Invest My Money Rating: 0 out of 5 stars0 ratingsExceptional Wealth: Clear Strategies to Protect and Grow Your Net Worth Rating: 0 out of 5 stars0 ratingsYou Say Tomayto: Contrarian Investing in Bitesize Pieces Rating: 0 out of 5 stars0 ratingsInvest Your Way to Financial Freedom: A Step-By-Step Guide to Investing and Building Wealth in the Stock Market Rating: 0 out of 5 stars0 ratingsDebt Free for Life (Review and Analysis of Bach's Book) Rating: 5 out of 5 stars5/5Summary of Peter Lynch & John Rothchild's Learn to Earn Rating: 0 out of 5 stars0 ratingsSummary of Anthony Crescenzi's The Strategic Bond Investor, Third Edition Rating: 0 out of 5 stars0 ratingsThe Quest for Alpha: The Holy Grail of Investing Rating: 0 out of 5 stars0 ratingsSummary of Mohnish Pabrai's The Dhandho Investor Rating: 0 out of 5 stars0 ratingsSummary of David Bach's The Automatic Millionaire, Expanded and Updated Rating: 5 out of 5 stars5/5Financial Freedom Blueprint: 7 Steps to Accelerate Your Path to Prosperity Rating: 0 out of 5 stars0 ratingsSafe Strategies for Financial Freedom (Review and Analysis of Van Tharp, Barton and Sjuggerud's Book) Rating: 0 out of 5 stars0 ratings
Investments & Securities For You
Principles: Life and Work Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Stock Investing For Dummies Rating: 5 out of 5 stars5/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game Rating: 5 out of 5 stars5/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5How to Invest: Masters on the Craft Rating: 4 out of 5 stars4/5Don't Start a Side Hustle!: Work Less, Earn More, and Live Free Rating: 5 out of 5 stars5/5Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties Rating: 5 out of 5 stars5/5Girls That Invest: Your Guide to Financial Independence through Shares and Stocks Rating: 5 out of 5 stars5/5The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications Rating: 5 out of 5 stars5/5How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started Rating: 5 out of 5 stars5/5The Money Game Rating: 4 out of 5 stars4/5Stock Market Investing for Beginners & Dummies Rating: 5 out of 5 stars5/5
Reviews for The 5 Mistakes Every Investor Makes and How to Avoid Them (Review and Analysis of Mallouk's Book)
0 ratings0 reviews
Book preview
The 5 Mistakes Every Investor Makes and How to Avoid Them (Review and Analysis of Mallouk's Book) - BusinessNews Publishing
Book Presentation: The 5 Mistakes Every Investor Makes And How To Avoid Them by Peter Mallouk
Summary of The 5 Mistakes Every Investor Makes And How To Avoid Them (Peter Mallouk)
Book Abstract
While it is true the stock market averages a 10 percent growth in value over the long run, most investors never get anywhere near that level of return from their investments. Why? Many investors go out of their way to make mistakes which dilute their returns.
Specifically, most investors assume:
Mistake #1 -- You can make money by timing the market correctly – by buying when it is about to rise and selling when it is about to fall.
Mistake #2 -- To make money, you have to be actively buying and selling stocks all the time.
Mistake #3 -- The financial media exists to help you make money by making smarter decisions.
Mistake #4 -- That if you dive into research, read stock pick letters and watch the financial new shows, the less likely you are to make a mistake.
Mistake #5 -- That once you have enough assets, you absolutely need a financial advisor.
If you are at least aware of these pitfalls, you're better equipped to recognize and avoid them. Keep your investment strategy simple and uncomplicated.
"When it comes to investing, much of the game is simply not messing things up. So what keeps investors from earning the market return? Quite simply, investors prevent themselves from participating in the returns the market wants to give them so easily. Investors go out of their way to make mistakes that keep them from getting the market return. The first step to moving forward is to rid yourself of the misconceptions you may have about what works, to be aware of the most common mistakes