In Its Latest Issue, Fidelity Independent Adviser Discusses Financial Mistakes—and How to Avoid Them

Williamstown, MA, August 07, 2008 --(PR.com)-- In the latest issue of Fidelity Independent Adviser, Publisher Don Dion warns subscribers of common investing mistakes, and offers tips for avoiding them.

http://www.fidelityadviser.com/readMe_FIA.asp

As market volatility bullies many investors into making quick, and sometimes irrational decisions, Dion concedes that: “Chances are, you’ve made at least one horrendous decision that cost you a lot of money. Maybe you stuck with a stock as it tanked, certain that you’d get back to level one day, but never did.”

http://store.fidelityindependentadviser.com/fidinadnew.html

Dion believes, however, that investors should “Take heart. You probably owe such errors to the fact that you’re human, and as such, your mind is hardwired with certain psychological tendencies—many of which are financially counterproductive.” Dion cites the work of researchers in behavioral economics and finance, who have proven that investors have “mental blind spots” in decision making.

In Fidelity Independent Adviser’s feature article, Dion discusses the five common mistakes investors make, why they make them and how to avoid them, “especially in these difficult economic times.” http://www.fidelityadviser.com/readMe_FIA.asp

The five problems that Dion discusses are anchoring, overconfidence, mental accounting, excessive fear of losses and misreading the odds. After presenting each problem, Dion offers subscribers a comprehensive set of solutions. http://store.fidelityindependentadviser.com/fidinadnew.html

To read this article in its entirety, please send an email donalddion@dionmm.com. Subscription offers are also available at http://store.fidelityadviser.com/fidinadnew.html

About Fidelity Independent Adviser’s Family of Newsletters: With more than 70,000 subscribers in the United States and 29 other countries, Fidelity Independent Adviser publishes four monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers. http://www.fidelityadviser.com/

About Don Dion, publisher of Fidelity Independent Adviser: In addition to his role as the publisher of Fidelity Independent Adviser, Don Dion is also president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Massachusetts, Dion Money Management manages more than $700 million in assets for clients in 49 states and 11 countries. A licensed attorney in Massachusetts and Maine, Mr. Dion has more than 25 years’ experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

For more information, or a Free Portfolio Review, visit http://www.dionmm.com/ or call toll free: 1-(800) 432-7447

###
Contact
Dion Money Management, LLC
Donald R. Dion
1-800-432-7447 ext. 119
www.dionmm.com
ContactContact
Categories