Beginner investors pay a heavy price for their lack of knowledge, blind faith and eagerness to follow the crowds.
Think of investors who bought into the Internet mania and got their life savings decimated by the ensuing market crash.
Think of American homeowners who ruined their retirement years by using their home equity to buy investment properties during the real estate boom in 2006-07 thinking that house prices would go up forever.
It’s unfortunate these investors didn’t get some kind of warning. It’s too bad no one sat down with them and said: “You’re playing a very dangerous game. You don’t really know what you’re doing and yet, you’re putting a lot of your hard-earned money at risk.”
Can you imagine how great it would be if someone explained to you the most common mistakes made by homebuyers before you bought your first home?
How about learning the most common mistakes made by small business owners before you decided to start your own business?
Can you now imagine how far ahead you would be if you started to invest and could avoid the most common mistakes made by investors? You’d be skipping the beginner phase completely and in the process would avoid all the painful financial losses.
It’s like making a huge leap from level 1 investment knowledge to Level 5.
Personally, it was a very humbling experience to find out a few years ago that I had made most of the common investing mistakes.
Warren Buffett once said that individual investors will do quite well if they can just avoid making big mistakes. I hope you take his advice.
Someone who learns from their mistake is wise. Someone who learns from other people’s mistakes is even wiser.
Check out the most common investing mistakes and start learning today.
Think of investors who bought into the Internet mania and got their life savings decimated by the ensuing market crash.
Think of American homeowners who ruined their retirement years by using their home equity to buy investment properties during the real estate boom in 2006-07 thinking that house prices would go up forever.
Can you imagine how great it would be if someone explained to you the most common mistakes made by homebuyers before you bought your first home?
How about learning the most common mistakes made by small business owners before you decided to start your own business?
Can you now imagine how far ahead you would be if you started to invest and could avoid the most common mistakes made by investors? You’d be skipping the beginner phase completely and in the process would avoid all the painful financial losses.
It’s like making a huge leap from level 1 investment knowledge to Level 5.
Personally, it was a very humbling experience to find out a few years ago that I had made most of the common investing mistakes.
Warren Buffett once said that individual investors will do quite well if they can just avoid making big mistakes. I hope you take his advice.
Someone who learns from their mistake is wise. Someone who learns from other people’s mistakes is even wiser.
Check out the most common investing mistakes and start learning today.
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