DALBAR's 22nd Annual "Quantitative Analysis of Investor Behavior" was just released and Rich got his hands on a copy. As expected, the results are very similar to previous years. Yes, once again, investors are underperforming the indexes and the mutual funds that they are investing in, and yes, once again the reasons are the same.

Tune in as Rich and Kelly discuss the results of this study and how today's investor can steer clear of the pitfalls that so many investors make. Wondering what the root cause of this underperformance is? This graphic should give you a hint:

Episode Resources

• Understand The Cycle Of Market Emotions To Make Better Investing Decisions (Forbes)
• 9 Biggest Mistakes You Can Make Planning Your Retirement (Free e-book)