Investing Mistakes to Avoid

[Golden9]

No one likes to lose money and avoid this mistakes would help you preserve your capital and profits when investing.

1. Not doing enough research on the potential returns, losses and risks involved in investing.

2. Investing large sums of money in things that are not legit, or you have no experience in.

3. Not diversifying your investment. If one crashes, you want to have something to fall back on.

4. Not getting started fast. Procrastination never helps anyone, and it will only delay your success when it comes to investing.

 

[Niyi Briggs]

People don't like me because I don't jump into any bandwagon investment opportunity. I do my due diligence at all times and make sure that it is truly worth it before I enter.

 

[hastral45]

Don't do business for the purpose of making money alone. And don't invest in any business you don't have any idea or experience.

 

[timewo]

In some countries, people, including relatives are interested in grabbing the savings of single people, so it is always better to diversify the investment, since it is easy to convince one person.

 

[Reedex]

It is always better to avoid mistakes as much as possible so that it will not result in a big loss whenever you're working online.

 

[Niyi Briggs]

All the points of the original poster is valid. Why would you throw in your hard earned money on schemes that you have not adequately researched. I read so Much about a thing before I delve in.

 

[Shavkat]

These are helpful tips and it will surely help others. As for me, the best way not to commit mistakes in having a business is to conduct a business feasibility study to determine the viability of it.

 

[eldavis]

Number one is a major problem, most persons these days do not even care to look at this, they simply think about the profits they stand to gain hence they rush into it without having a full idea of what it really means or the risk involved.

 

[Bisolami]

That is correct
No one should use a large amount of money or all the money he has to invest.

No one likes to lose money and avoid this mistakes would help you preserve your capital and profits when investing.

1. Not doing enough research on the potential returns, losses and risks involved in investing.

2. Investing large sums of money in things that are not legit, or you have no experience in.

3. Not diversifying your investment. If one crashes, you want to have something to fall back on.

4. Not getting started fast. Procrastination never helps anyone, and it will only delay your success when it comes to investing.

 

[Magnus2022]

Don't invest in high yield investment schemes or ponzi schemes. Don't be greed. Be rational. Invest in business you have knowledge about. Don't invest all your fund in one company, diversify your portfolio.

 

[Reedex]

The Investment mistake could be not understanding the risk around the business.

 

[uptrendfinancialsignal]

People commit a lot of blunders while they invest. It is better to seek the service of professionals if you can't do it .

 

[Springtime]

Some of the common mistakes include: Not doing enough research on the companies you invested in; Failing to diversify your investment ; Have unrealistic expectations on the ROI; and making rash decisions.

 

[Starmix]

We have to avoid extravagance. Also avoid spending money from your profit you will get addicted to it and time comes your business can no longer suffice the reduction of displays due to lack of capital to purchase additional products.

 

[Reedex]

We have to avoid extravagance. Also avoid spending money from your profit you will get addicted to it and time comes your business can no longer suffice the reduction of displays due to lack of capital to purchase additional products.

You need to be prudent whenever you are spending and you must not deep hands into the company's capital.

 

[Stardom22]

The most common mistake that most investors do before making investments is the lack of making a due diligence before making their investments.

 

[Starmix]

Mistakes kn investment could be avoided. If lacking knowhow it is better to ask experts or to veteran investors. It's not good to decide impulsively.

 

[Stardom22]

Always invest what you can afford to loose in the investment world to avoid unnecessary regrets when you loose

 

[Bisolami]

Always invest what you can afford to loose in the investment world to avoid unnecessary regrets when you loose

We should also make sure that we make a very reasonable research about what we are investing in before we decide to go for it because you can’t get your money back when you invest in a wrong business

 

[Stardom22]

Most people are making the mistake of copying to investing in whatever other people have done so successful.