Sunday, January 12, 2020

Avoid These 8 Rookie Investing Mistakes

Here is the article.


  1. Don't let emotions rule your portfolio
  2. Don't chase performance
  3. Don't trade too much
  4. Don't forget about the fees
  5. Don't try to time the market
  6. Don't put all your eggs in one basket
  7. Demand full transparency from your advisor
  8. Be patient and learn


This is marathon, and you invest over multiple market cycle, not letting market dips scare you into selling at the wrong time. Create a written plan with your goals and objectives as well as your portfolio allocation. 

Disciplined rebalancing keeps you away from that market-timing trap. 

Individual investors and sometimes even professionals fall into the trap of trying to time the market, or in simple terms, buying high and selling low. 

"fee-only" advisors, who are paid only by their clients without any product-based payments. 

"fee-based' advisors, which means they collect these payments to some extent and charge clients a fee. Some are paid from the financial products they sell. 






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