What do new investors need to know about trading stocks?


“Every investment is an education. The only question is whether you will pay tuition or get a scholarship. ”

One of the biggest problems faced by a novice, is not recognizing the breadth and depth of knowledge required to truly be an expert. This was eloquently explained in a now famous study by Justin Dunning and David Kruger. Understanding the “Dunning-Kreuger effect” can help us be more self aware when investing.

Furthermore, like an experienced mountain guide can help you conquer peaks, a financial advisor can be a considerable resource. And if you decide to go venture solo, do things in moderation to start. Be prudent, calculated, and treat the experience like an education.

Search Kimball Creek Partners


Share on facebook
Share on pinterest
Share on twitter
Share on linkedin