When looking at the topic of investments, one has to go through all the pros and cons so as to avoid being on the losing end when you can of a fact be a beneficiary. Today we are covering TEN of the worst mistakes investors(either newbies or experienced) make when investing. Most of the points here were gathered from trusted sources so as to bring you valuable information that will help you out. Let's get right in.
The TEN Worst Mistakes
- Investing in Something You Don't Understand
- Lack of Patience
- Letting Your Emotions Rule the Process
- Buying high and selling low
- Trading too much and too often
- Not reviewing investments regularly
- Expecting too much or using someone else’s expectations
- Over Confidence
- Anchoring to purchase price
- Not having clear investment goals
As an investor try as best as you can to avoid the above stated mistakes. We don't have to learn from experience all of the time.
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