Investment Mistakes to Avoid #26
How do you decide which direction to invest your money? Do you flip a coin, do in-depth research, hire someone to do it for you, or something else? Over my years as a financial advisor, I’ve seen the range of people who come in with all types of methods and approaches when it comes to investing their money.
From my vantage point, I’ve been fortunate to observe some critical mistakes that men and women like you have made in their attempt to invest wisely. While I can’t make your financial decisions for you, I can give you the best information available so that you have the power to make the best decision for you and your family. I hope you pay close attention to this informative and in-depth episode that you can use to make the best financial investment decisions going forward - you don’t want to miss it!
You will want to hear this episode if you are interested in...
Setting the right investment expectations and goals. [1:00]
Make sure to diversify your investments! [3:00]
Why it’s a good idea to refrain from trading too much. [5:00]
Make sure to get good financial advice, not through the media. [8:00]
Don’t try to predict market trends. [10:30]
Conduct due diligence! [12:00]
Closing thoughts [15:00]
Investing mistakes to avoid
Most people don’t realize it, but the truth is, you have the power to make wise financial investments. You don’t need to know all the in’s and out’s of the financial world to make smart decisions, a great way to start is by avoiding some common mistakes! I’ve spent many years meeting with men and women like you who are just looking for a way to make smart decisions for their future. Here is a brief rundown of several mistakes to avoid when it comes to financial investments.
Set the right expectations, don’t set yourself up for early disappointment.
Don’t put all of your eggs in one basket, make sure to diversify!
Don’t take trading and into your own hands.
Listen to experts not just the talking heads on TV.
Don’t try to predict market trends.
Make sure to do your research.
These are just a few of the mistakes to avoid and tips to follow when it comes to making financial decisions for your future. What mistake to avoid stands out to you? What would you add to the list? Make sure to join the conversation, I want to hear from you and where you are on your journey!
What are you waiting for?
Seriously, what are waiting for? It’s never too early to start investing in your future! While investing may seem intimidating, I hope you will stick around and learn just how easy it can be to get your financial house in order. You don’t have to have a perfect plan in place to get started, you just need to get started. From resources and links to advice on tax changes and so much more, this is the space you want to watch in 2021 - make sure to subscribe, you don’t want to miss a single episode!