7 Common Investing Mistakes to Avoid
There is no single secret to investing. Anyone who has dabbled in the stock market knows that it is a complicated beast to tame, and that it comes with both highs and lows. The market so complex that despite thousands of books being written on the topic, many people — amateurs and brokers alike — still find themselves perplexed at the latest stock charts or the most recent earnings reports.
While there are many tips that can improve a portfolio, the way most investors miss out on value is not because they are ignoring the latest Wall Street advice but rather because there are fundamental flaws in the ways that they approach investing. It is surprising at how well a balanced, healthy, thought-out portfolio can return over even a short- or medium-term time span.
With that in mind, let’s look at seven of the most common pitfalls of investing.