Do you remember buying your house? Looking for just the right one, negotiating a price, sitting in the lawyer's office signing your name in dozens of places ... all so at the end of it, you had a home -- an investment not just in your present, but in your future.
You've probably got a 401(k) or other workplace savings plan, and hopefully you've been contributing enough to collect your employer's match. And unless your plan has a "directed brokerage" option that lets you invest your savings in stocks, you probably have your money in mutual funds or in something that generally acts like a mutual fund, maybe with a name like "managed pool" or "separate account."
Retirement is the No. 1 goal of investors. Yet, looking at the numbers, it's clear that many investors are undermining their good intentions with unfortunate actions. Here are nine mistakes to avoid if you want your retirement dreams to become a reality.
If you want to turn thousands into millions, you've got to invest like the best. But you don't have to pay $50,000 a year for an Ivy League education. This lesson is absolutely free -- and could make you rich.
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