Know Your Enemy

MD Magazine®, Volume 6 Issue 1, Volume 6, Issue 1

Investing your retirement savings wisely is not all that different from fighting a battle. Unfortunately, too many investors don't actually know the enemy they're fighting.

Investing your retirement savings wisely is not all that different from fighting a battle. Unfortunately, too many investors don’t actually know the enemy they’re fighting.

Financial advisors often reinforce these mistaken ideas by comparing portfolio performance to an index such as the S&P 500 Index composed of the stocks of the largest companies in America. Since that comparison seems important to the advisor, the investor assumes it is important.

Read the full article as it originally appear on Physician's Money Digest.