Following a dreadful 2022, issues are wanting a lot better for traders this yr. The bellwether S&P 500 index is up about 18% thus far in 2023, and money accounts are providing first rate yields for the primary time in years. However amid this market atmosphere, there’s nonetheless loads of room to make errors. On this week’s Barron’s Advisor Massive Q, we queried seasoned monetary execs on the errors they see traders making. Amongst their responses: anticipating present money yields to final, failing to make the most of tax-free municipal bonds, and ignoring that only a handful of richly valued shares are driving the S&P 500’s features.
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