DeVere survey reveals millionaire investors' biggest mistakes

The biggest mistake millionaires make when it comes to investing is relying on guidance from historical returns, according to a global survey carried out by deVere Group. Following this top cited mistake of reliance on historical returns (38%), the second (35%) was not having sought advice, and the third (21%) was lack of diversification. A collection of other mistakes and ‘do not knows' made-up the remaining 6%. DeVere CEO and founder, Nigel Green, said: "It's interesting to see that for the first time in our surveys of this kind that the number one investment mistake high-net-worth ...