Top 5 Investing Mistakes That Beginners Commit (Episode 97)

Updated: November 22, 2021

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What you’ll hear in this episode:

In this episode, you’ll learn the top 5 mistakes that beginner investors commit, which is a question sent to us by one of our listeners.

I shared important investing principles such as having financial goals and not investing money that you’ll need in the short-term.

I also warned against chasing trends in the market, following bad advice in social media, and not giving your investments proper time to grow.

This episode is a must-hear for all those who are just starting at investing, especially in the stock market.

Excerpts and Highlights:

You should see investing as a way for you to afford your dreams. Having a clear goal will help you in knowing where to invest, how much to invest, and for how long you should invest.

Remember that personal finance is personal and you should not follow investment advice from those who don’t know your personal situation, or even your financial goals.

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” –Paul Samuelson

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