Here are a few of my past financial blunders and what I learned from each one:1.Chasing the “hot” fund. It was the mid-1980s and I was putting all my contributions into—you may have guessed it—a money market fund! In my defense, money market funds were earning double digits at the time. Since then, I’ve learned the importance of asset allocation and diversification, and appreciate the robust simplicity of target-date investments. Taking a 401(k) loan.

Source: Forbes March 23, 2018 14:03 UTC