Is It Gambling or Is It Investing?

This week, Paul focuses on the usual market update, coupled with the three most common investor mistakes. These are mistakes that happen every day, they are…almost encouraged by the industry. The transactional costs that results from mind boggling trading volume daily, creates a huge windfall for the financial services industry. The vast majority of this trading is due mostly to one of these investing mistakes or a variation of all three. They can be very elusive and subtle. Knowledge is power; you don’t need to know everything, just a few right things to be a successful investor.

It's Your Money
Is It Gambling or Is It Investing?
About Paul Nichols

Paul is the founder of Financial Abundance, a Registered Investor Advisory firm and EDI, an Estate Planning Firm with offices in State College and Lewisburg. He has been working with individuals, families and businesses for over twenty years, including many Fortune 500 companies. He has educated tens of thousands of people through seminars, workshops and various international speaking engagements where he shared the stage with many notable individuals such as Ronald Reagan, Robert Kiyosaki (author of Rich Dad, Poor Dad), Mike Ditka, General Schwarzkopf, and Newt Gingrich to name a few.

In 2000, after many years of traveling to consult companies and individuals, Paul decided to relocate from Colorado to State College, PA (his wife’s hometown) to develop a local advisory firm.

Paul operates under the core belief that education plus understanding leads to clarity and confidence; resulting in peace of mind. He is a proud father of three and devoted husband of 20 plus years.

Some of Paul’s accomplishments:
Regular contributor to the Centre Daily Times, via the “It’s Your Money” blog
Featured in the movie Navigating the Fog of Investing
Regular contributor to Town & Gown as the publications Investor Coach
Host of the weekly iTunes Podcast, It’s Your Money
Member of the Western PA Better Business Bureau
Member of the Centre County Chamber of Business and Industry