Six Lessons for Investors

Be diversified and don't assume past performance will continue.

1. Beware of market forecasts, even by experts.
2. Never underrate the importance of asset allocation.
3. Mutual funds with superior performance records often falter.
4. Owning the market remains the strategy of choice.
5. Look before you leap into alternative asset classes.
6. Beware of financial innovation.

(HT AllFinancial Matters)