I see what you mean Alan. What I meant was to not overract to the mood of the market. It can go up and down and holding a long term position, the overall risk can be reduced. And the overall...
Type: Posts; User: buyingstocks
I see what you mean Alan. What I meant was to not overract to the mood of the market. It can go up and down and holding a long term position, the overall risk can be reduced. And the overall...
Here's another common mistake:
To make irrational buy and sell decisions. To benefit from compount interest you need to stay the course and go for the long run.
Absolutely Alan. Luckily, when I "divorced" from my first investment in a company stock I actually made a profit. Today I prefer to invest in Index Funds.
Hi all,
What do you feel are the most common mistakes of the average investor?
I'll share a couple which are very common in my opinion:
1. Tends to become grossly overconfident
2. Trades...
Time to crack open my piggy bank :)
Diversification is surely the key but $220k is surely a big lump of money! Thanks for sharing this!