Failing to make a plan. Any plan is better than no plan at all, even if it’s somewhat minimal and won’t necessarily get you where you had intended to be. In the end, it’s ultimately about survival, and having no retirement financial plan at all put your fate in the hands of others who may or may not share your same views on “quality of senior life”. Chasing the “golden carrot”. Chasing high returns at all costs, taking unnecessary risks,... 

If you were going to spend several thousand dollars on a refrigerator or television, you would thoroughly research the market for those goods to find the product which best suited your needs. Investing is no different. Before buying into a company, you should be well-acquainted enough with it to give a short presentation. Knowing the basics of how a company operates, what it sells, how it makes money, how much money it makes, and what kind of growth...