The 8 Biggest Mistakes When Designing Portfolios - and How To Avoid Them 4. NEGLECTING THE EFFECTS OF PORTFOLIO MANAGEMENT EXPENSES. Over time, the compounding effect of portfolio management expenses can be quite large, thus depriving you of better returns. For this reason, you should focus on minimizing portfolio management expenses, specifically trading costs, advisory fees and taxes. 5. MAKING INACCURATE RETURN FORECASTS. Forecasting is the single most difficult task with designing portfolios. Although not a perfect solution, using historical returns rather than making forecasts is generally considered more appropriate for individual investors. [More] How To Create Wealth In The Stock Market As in what appears to be the most difficult investment question of all to answer, the answer lies in simplicity itself – investing in those companies that have a historical record of raising their dividend every year. Whether or not you can take this statement of fact to heart is your own judgment call. But it is this opportunistic trait that can and will create wealth for you and your family for the rest of your lives. [More] The Differences Betweeen the Wealthy and Everyone Else If you mess up in an investment, it doesn't mean give up. It means you look at the mistake and figure out why it happened to make sure you don't get yourself in that situation again - when you do this, you become WISER. The poor and middle class try something, and when they fail, they either blame a person or circumstances AND THEY NEVER HAVE ANYTHING TO DO WITH THAT AGAIN. That's not good! Just because I mess up one real estate investment DOES NOT mean real estate is a bad investment! [More] Unexpected Windfall: The Upside of Flexible Spending Accounts If you have read my past articles, you will notice that there are some clear advantages that I can see with using Flexible Spending Accounts for your expenses. They provide a means to escape the expenses of the taxes that would otherwise be imposed on th. "Destroy the Fear of Success!" Wow, I am Finally back!  It has been a great but very busy couple of weeks.. Deal of the Week: 3 HUGE WINNERS +639%, +301%, +108%: Need we say more? AGGRESSIVE TRADING provides the opportunity for BIG WINNERS! Schaeffer's Players Series just booked 3 HUGE WINNERS! To celebrate these BIG winners - join Schaeffer's Players Series today and SAVE $1,500! Plus, we'll give you 3 ADDITIONAL MONTHS FREE.