Investing is a key part of building wealth, and successful investing could result in you retiring decades before your peers. But, the problem for most new investors, is that they don’t have the knowledge to avoid rookie errors. As a result, they lose money, and are constantly trying to recoup their losses by making more mistakes. I don’t want this to happen to you, though. Here are 9 common investing mistakes you must avoid for success.
📖 Chapters:
0:00 - Intro 0:30 - Not Having A Plan 1:28 - Putting All Your Eggs In One Basket 2:11 - Not Doing Your Homework 2:44 - Following The Crowd 3:22 - Overtrading 4:12 - Trying To Time The Market 4:43 - Not Being Patient 5:26 - Ignoring Fees & Expenses 6:06 - Panic Selling
❕ DISCLAIMER: Everything you see in this video, and other videos posted by The Financial Revolution, are not to be taken as official financial advice. These videos are created solely for entertainment purposes. You must make sure that you do your own due diligence before putting your capital at risk.
🌍 What is The Financial Revolution? The Financial Revolution is a brand that talks about all things personal finance. We are dedicated to improving the financial literacy of those who wish to better their financial situation. We believe that financial education is a key that can open doors to happiness, fulfilment, wealth, and financial freedom. We cover a wide range of valuable financial topics, such as: 🗒 Personal finance 📊 The stock market 🇺🇸 US economy 📈 How to invest 💳 Reducing debt 💰 Building wealth 📒 Financial planning 💻 Business ideas 📲 Making money online 💸 Passive income 💵 Money management 📉 Inflation 💛 And more!
