The 7 Mistakes That Investors Keep on Making

The dot-com crash in 2000. The 9/11 terrorist attacks in 2001. The collapse of the housing market in 2008. And now the coronavirus pandemic of 2020.

Over the past two decades, these events -- which had huge financial, political and societal repercussions -- have all been labeled "black swans."

I suppose you could draw some comfort from the thought that each of these crises was considered so random, so rare and so difficult to predict that no one saw them coming -- so how could you? But I really hope you don't. Because for investors -- especially those who are close to retiring -- that's some dangerous thinking.

There is always something coming.