Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions.

Barry Ritholtz

Barry Ritholtz

Profession: Author
Nationality: American

Some suggestions for you :

Much of the traditional thinking about cash is well intentioned but unrealistic. Should you have six months of living expenses in the bank for emergencies? Sure. Do you? Probably not.

In social media, people cannot build big followings organically unless what they are putting out to the world has value.

A well-designed 401(k) plan is an enormous competitive edge when recruiting and retaining employees.

Whenever you hear a discussion about the short-term swings in any given stock's price, your immediate thought should be whether it matters to why you are investing.

Any investment bought via credit always runs the risk of margin calls and, eventually, liquidation.

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

Markets are frequently ahead of, and often out of sync with, the economy.

When it comes to investing, you are your own worst enemy.

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.

As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the heavy lifting, put in the long hours, and make the uncomfortable but necessary decisions to achieve success.

I credit Google for having the foresight to identify threats to its main business of selling advertising against search results. The potential loss of market share in the mobile space led them to the Android acquisition.

You, your employer and your plan's investment managers fail to follow even the most basic rules of investing. You overtrade, chase performance, do not think long term. All of you - All Of You - have done a horrible job managing your retirement plans.

Getting more and more of our news from the social network is having significant repercussions for markets - and your money.