Some common investing mistakes to avoid: Waiting too long to start investments. ... Not understanding how an investment works. ... Investing based on emotions. ... Putting all your eggs in one basket. ... Trying to time the market. ... Having unrealistic expectations. ... Following hot tips. Lack oRead more
Some common investing mistakes to avoid:
- Waiting too long to start investments. …
- Not understanding how an investment works. …
- Investing based on emotions. …
- Putting all your eggs in one basket. …
- Trying to time the market. …
- Having unrealistic expectations. …
- Following hot tips.
- Lack of Patience.
- Lack of exit plan, when the market becomes unfavorable.
- Not knowing when to cut loss and exit.
nadeem
Goal setting. Failing to plan is planning to fail! A good investor will always have a clear goal. Knowledge. When you know better, you do better! ... Right Decision. Listen to the world but make decisions on your own. Patience. Investing is a long process. Know the potential risks. Trade on the basiRead more