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For the past 22 years, I have had the privilege of assisting individuals who sought investment and retirement council. Through that time, we’ve witnessed countless success stories, but not without speed bumps. 2022 has presented a moment that could cause havoc for individual investors. Let’s take a look at five big mistakes investors make.

Evaluating Your Temperature for Risk
This is the most common trap. It’s easy to sit on a diversified market portfolio when things are going great. The question is, what happens when we are in a down turn? Look in the past… How have you handled past market downturns? Are you looking at the accounts daily? Do you feel stress any time a negative number shows up on your account view? Knowing yourself is important, but the mistake can be on either end of the candle. Some people invest more aggressive than their temperament can handle while others go far too conservative. Leading into the 2020 internet crash, I found MANY investors got far more aggressive than their tolerance permitted. This led to tremendous losses when the downturn came. If you find yourself timing the market, pushing large positions in, and out based on feelings and stress, it may be time for a little coaching.

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