My new book is called Stuck in the Middle: The Mistakes that Jeopardize your Financial Success and How to Fix Them. It’s available on Amazon and at other fine booksellers. The book’s theme is that much of our financial knowledge comes from trusted sources like well-intentioned friends, relatives, and colleagues (F R C - I call them FREAKS). Despite good intentions, a lot of that information requires a serious update. Those middle-class money lessons are probably holding you back from the success you’d like to achieve.Chapter 9 is called Don’t Self-Manage Your Own Portfolio and I’m going to talk about that today. But before I do, I want to offer this caveat: the book is useful even if you decide to ignore my advice on this particular subject. My main point is that most people who do manage their own money face a number of challenges, and they’d likely be better off with professional help. Even if you decide to keep investing on your own, you’ll be better at it by understanding today’s message. So keep listening.These are some of the reasons people choose to do-it-themselves...
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