The seventh biggest financial gaffe is ‘trusting an IFA', a survey of more than 3,000 people has found.
The Fool.co.uk ‘top ten financial blunders’ lists has the ‘error’ ahead of poor pension planning, student debt and taking out an endowment policy. Poorly-judged investments made the top spot, followed by serious debt, credit card debt, having a partner, bad mortgage choices and self-employment. Conversely investing in stocks and shares is considered by some to be their biggest financial success, followed by paying off serious debts and investing in buy-to-let. Gambling is considered to be the tenth biggest financial success. David Kuo, head of personal finance at Fool.co.uk, says: “Mo...
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