Hard lessons learned by 7 financial experts
Michelle Singletary
Who
Nationally syndicated personal-finance columnist.
Mistake
Invested too conservatively in company’s 401(k) when she was in her 20s.
Result
Put most of her 401(k) money into bonds on the advice of older colleague.
Lesson
“I didn’t change that selection for years, so I missed out on some roaring times in the stock market.”
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