The Seven Deadly Sins
The Five Deadly Investment Sins start with the temptation to sell stocks too soon.
BY ADAM MAYERS
The Seven Deadly Sins were once singled out as examples of human weakness to be avoided at all costs. But when it comes to investing, Peter Hodson says there are five that really matter.
Mr. Hodson, at one-time chairman of Sprott Asset Management LP, says he has seen these sins repeated many times. They play havoc with your returns, chip away at your nest egg and lead to plenty of sleepless nights.
“If I was to sum it up, keep your investments simple, because more complexity usually means more fees. And be aware.