U.S. News & World Report and Yahoo Finance – April 28, 2017

This article discusses 4 mistakes that can hamper retirement security. In it, David Schneider advises against chasing fads and hot investments noting “By the time it’s apparent that an investment or strategy is truly extraordinary, there’s a good shot that performance is about to mean revert and start looking a lot more ordinary,” adding “Buying what made someone else lots of money yesterday isn’t going to make you more money today.” He also warns about the risks of highly concentrated portfolios stating “A great way to suffer a financial reversal that derails your retirement is to have all or most of your money in one stock that takes a dive,” and “Even if that one stock is the reason you have the money you do, be glad for your good fortune, then diversify. Anything can happen to one company and it may not recover, even if it always has in the past.”

Read More: U.S. News & World Report