What Mistakes Can You Avoid in Your Financial Future?

Recent economic times have been trying, to say the least. Confidence in the U.S. economy is plummeting, making it increasingly difficult to know if you are doing the right thing with your money. You might ask yourself, “Should I even keep my money in the stock market?” or think, “Perhaps hiding cash under the mattresses a better alternative.”

Now is not the time to go to the mattresses.

An economic downturn reveals common mistakes investors make.

Jon Stein,CEO of Betterment.com, has seen these mistakes first-hand. Check out the top 5 mistakes, according to Jon, and how to avoid them.

Jon Stein is the Chief Executive Officer of Betterment.com, which he founded in 2007. Prior to creating Betterment, Jon spent his career developing financial products, platforms, and investment strategies for international banks, brokers and other financial institutions, and advising them on strategies to mitigate the risks inherent in their products. Most recently, Jon held the position of senior consultant at First Manhattan Consulting Group, where he counseled a number of the world’s most prominent financial institutions. Jon has in-depth knowledge of retail banking and investing and is a Chartered Financial Analyst (CFA). Jon is a graduate of Harvard University and Columbia Business School.