We
all make mistakes, but imagine losing your financial solvency or your
children’s inheritance to the failing economy. Buying low and selling
higher is the name of the game, but we often do the opposite. As the
stock market rises, we remain on the sidelines, watching as others are
reaping monetary rewards. We want to rebuild, but we are fearful of
losing additional funds in today’s risky market.
These
challenges have plagued investors for decades, many of whom have lost
much of their investments in various recessions. Even so, you can
transform your investment mistakes into financial gains. Making a
comeback from investment errors requires an understanding of some basic
elements of investing, such as
• predictable investor behavior; • insight from hindsight; • risk/reward consideration; • chance of loss measurement; and • data and analysis.
All
investors experience the same psychological emotions and are
susceptible to making the same investing errors of judgment; thus, the
winners and losers are determined by how they play the game. Author
Juliana Vilke
offers winning investment strategies for women along with advice from
wealthy investors who learned a great deal from their investment
mistakes. She offers time-tested advice to help any woman take control
of her investing future.
About the Author:
Juliana Vilke
is an investor with more than four decades of investment experience.
She has chaired various committees and served on boards of women’s
organizations over the years. A retired real estate broker, Vilke
continues to participate in day-trading activities. She and her husband
are the parents of three sons and currently live in Florida.
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The old grey donkey, Eeyore stood by himself in a thistly corner of the Forest, his front feet well apart, his head on one side, and thought about things. Sometimes he thought sadly to himself, "Why?" and sometimes he thought, "Wherefore?" and sometimes he thought, "Inasmuch as which?" and sometimes he didn't quite know what he was thinking about.
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