A common mistake among first-time investors is that they lack a solid plan that will carry them through good and bad times, says Mark Holder, chief investment officer at Oklahoma-based portfolio management firm Stone Fox Capital Advisors.
"Following the herd tends to get [first-time investors] into the hot stock or mutual fund at the top," says Holder. "They'll end up panicking out of a stock during weakness because they don't understand the investment thesis."
Tuesday, June 26, 2012
Quoted In Fox Business Article
Just realized that CIO, Mark Holder, was quoted in a Fox Business article on common mistakes of first-time investors. See below: