3 Costly Investing Mistakes That Could Hurt Your Retirement Savings
Investing can be daunting for many people. In fact, only 55% of Americans have money invested in the stock market, a recent Gallup poll found, a percentage that has remained steady every year since 2010.
Although many Americans are wary of the market, it's one of the best ways to build wealth, especially in preparing for retirement. You'll likely need to have several hundred thousands of dollars (or more) saved to enjoy retirement comfortably, and unless you have loads of spare cash lying around, it'll be tough to save that much without investing.
Simply throwing your money into the stock market without a strategy, however, can be dangerous. To grow your retirement savings as much as possible, it's crucial to avoid these three expensive investing mistakes.
Source Fool.com
