Investment traps exposed : navigating investor mistakes and behavioral biases / H. Kent Baker, Vesa Puttonen.

Format:

Book

Author/Creator:

Baker, H. Kent (Harold Kent), 1944- author.

Puttonen, Vesa, author.

Language:

French

Subjects (All):

Investments.

Physical Description:

1 online resource

Edition:

1st ed.

Place of Publication:

Bingly, UK: Emerald Publishing, 2017.

Summary:

Given the complex and challenging world of investing, what chance do individuals have navigating the financial minefield and emerging unscathed? Not much, unless they become knowledgeable about investment fundamentals, recognize and correct their mistakes and behavioral biases, and avoid traps strewn along their path. "Investment Traps Exposed" guides investors past such potential pitfalls as pyramid and Ponzi schemes to help them become more financially successful. "Investment Traps Exposed" helps investors and advisors increase their awareness about the external and internal traps that they or their clients can encounter. Baker and Puttonen not only examine common mistakes, assumptions and deceptions that can ensnare investors, affect sound judgment, and reduce wealth but also delve into how to recognize and avoid these errors. The authors present practical advice and real-world examples in a user-friendly manner, and also nudge investors to stay on the right course to mitigate misbehaving.

Contents:

Navigating the investment minefield

Common investing mistakes : round one

Common investing mistakes : round two

How behavioral biases can hurt your investing

Trap 1 : becoming a victim of pyramid and Ponzi schemes

Trap 2 : being deceived by other investment frauds

Trap 3: misrepresenting risky products as safe

Trap 4 : making unrealistic return expectations

Trap 5 : falling for mutual fund traps

Trap 6 : overpaying for products and services

Trap 7 : investing in complex products

Traps 8 and 9 : engaging in gambling disguised as investing and relying on unsupported promises.

ISBN:

1-78714-252-3