Let’X Invest #03 | 3 Common Mistakes New Investors Make

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Most people don’t invest because they’re scared, not because they don’t want to. When you’re shopping, forking out your money makes sense, because you know what you’re getting in exchange. But in investing, it’s different. Putting your hard-earned money on the line for something that may or may not bring you benefit is a terrifying thing. Unless you know what to avoid. In this episode of Let’X Invest, Alex and Max talk about: 1) The #1 reason why 95% OF INVESTORS out there lose money 2) One of the WORST DECISIONS to make as an investor 3) How to NOT be fooled by share prices

Mistake 1: Investing based on hearsay Mistake 2: Paying without knowing the intrinsic value Mistake 3: Selling without a reason