December 22, 2024

Three risk investment mistakes to avoid

We all make mistakes. But mistakes can haunt you your money life. Here are the most dangerous of the three investment mistakes – and how to avoid them

Error # 1: Keep long winner

It is difficult to sell an investment hot spot, but the price You can not go up forever. On a regular basis, selling some winners and profits reinvested in other promising investment diversification, and keep your portfolio balanced

Error # 2: Wait too long to sell the losers

This a realized loss is painful, so you wait (and wait for) a loss of investment rebound. bad idea. Located in a decline in how much the price can then sell and stick to the limit

Error # 3: Trying to time the market

Stock market has two of every three years, on average, in the past century. Trying to discern the bulls and bears are futile. In contrast, investment in regularly whether the market is up and down.

More worst mistakes investors make with their own money.