| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by Rabiu4190: 3:12pm On Jan 03, 2021 |
Mtola8:
Good day guys and happy Sunday..
I'm trying to be productive this year hence I am acquiring some skills online cause I have no one to teach me and no money to pay them. I'm presently learning Photoshop manipulation, Adobe premiere (video editing), Adobe effect. I solicit for videos and tutorials on Instagram and YouTube. it's data consuming and I can't sustain such expenses as I hardly have any money. I really have the zeal as I am already getting better at it. my data is exhausted and I'm presently using the free opera mini mb to send this message. Anyone who God touches should please help me with data, I really need to push myself out of my current state. God bless
08156688045 (glo) Since you are using glo, you can be doing #100 sub 1gig for night from 12am to 5am expire after 5 days, with that you can download all videos that you need and other materials. Anytime you want to download, just sub #100 for night and get 1gig. *777# Choose Night and weekend parkage You can do weekend self for day time at a very cheap price like #300. 1 Like |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by Penboy: 3:22pm On Jan 03, 2021 |
No FOMO here??
FEAR OF MISSING OUT
This list is thus inconclusive. |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by sowilli: 3:35pm On Jan 03, 2021 |
hellohgy:
One advice I will give anybody planning to invest this year is to try as much as possible to invest in CRYTOCURRENCY.
Bitcoin is currently at 33k dollars, and it is still pumping.
In fact financial specialist predict BTC hitting 100k dollars this year.
imagine if you had bought BTC at 20k dollars.....
There is never a late time to enter the crypto market.
Crypto currency is the way... Bad advice. Money market is about the hardest and riskiest to invest. This is because it is subject to control of some group of persons. Just like Forex. I bet you, bitcoin can fall to one dollar by June. Money market requires experience, understanding and knowledge and not just people should rush at because it’s all time high. Ask the bureau de change people, they will advice you more. 3 Likes |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by Dliquidmetal(m): 3:45pm On Jan 03, 2021 |
Kaymaxi2222:
same here bro I know btc is still going to have pull back i just pray I don't miss it before it picks again. I've learnt alot during the pandemic and patience is surely a virtue,just chill and watch price action in order to know when to get in,I even told people to buy around may/June when btc was still like 4k but not alot of people entered then now they are "panic buying" and it dosent usually end well lol cause they are buying the top and market could fall anytime and they would panic and get out with a loss again  human psychology funny. 1 Like |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by lymelyte(m): 3:46pm On Jan 03, 2021 |
millionboi2:
Don't mind d guy
BTC dat can drop to 12k within a day
Crypto currency is risky extremely volatile market..if anyone must invest in crypto currency,then you must do so with small funds that won't put hole in ur pocket 1 Like |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by millionboi2: 3:47pm On Jan 03, 2021 |
lymelyte:
extremely volatile market..if anyone must invest in crypto currency,then you must do so with small funds that won't put hole in ur pocket XRP is holding ppls money down now 1 Like |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by lymelyte(m): 3:48pm On Jan 03, 2021 |
Dliquidmetal:
my own be say just wait for market to create new lows b4 buying,market wont continue climbing for long lol btc fit still come 20-18k b4 going beyond 40k. I'm patiently waiting for the pullback. wise move. |
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| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by merits(m): 5:30pm On Jan 03, 2021 |
newbox3030:
One of the most interesting sectors of industry today is investment. This is the application of capital in a commercial process expecting to get a return. A person who engages in this type of activity is known as an investor. After performing some fundamental research, they commit their money into investments of various kinds expecting to make a profit. Examples of industries where they commit their capital include real estate, the stock market, the commodities market and the precious metals market. Some investors build fortunes and others fail in their ventures. The difference between these is that the winners make as few mistakes as possible while the losers' mistakes destroy their careers. Are you looking to enter this industry? Here are 8 mistakes that every investor makes. Learn them and prepare yourself to avoid them.
Having no plan
If you have no idea where you are going, any road will get you there. Many investors make the mistake of entering the investment industry without a plan for their activities. This results in complete failure or underperformance. If you want to enter the investment industry, you should have a comprehensive plan. Ensure that your plan identifies and explains your objectives and goals. It should also cover the risk that you are involved in as well as the benchmarks that you expect to achieve. Your plan should also indicate how you expect to allocate the assets in your portfolio. It should also indicate if you plan to diversify or not. With this kind of plan, you will be ready to invest and succeed in it.
Mismatching your asset allocation and your investment approach
Many investors enter the market while their investment approaches and asset allocations are mismatched. There are generally two approaches to investing. These are the long and the short term. The approach that an investor picks is determined by their objective. Those who are investing for retirement pick a long term approach while those who are looking for a quick profit use a short term approach. The one that you pick determines how you allocate your assets. Many investors pick long term assets vehicles expecting a quick profit. This is a mismatch that results in failure. Therefore, an investor should match their asset allocation to their investment time horizon.
Focusing too much on the financial news
Contrary to popular belief, there is actually very little that is on the financial news that can help you to perform better in investment. Many investors make their decisions based on the news and therefore fail in their endeavors. From a pragmatic perspective, if someone had a way to constantly make a profit in the investment market, would they advertise their strategy and stock picks on television for everyone to watch? Of course they wouldn't. They would simply stay silent and make millions while every other investor suffers. Thus, shut off the financial news and focus on your own investment strategy. Eventually, it will pay off.
Avoiding the activity of rebalancing
Rebalancing is an important activity that you should perform on your investment portfolio. When rebalancing, an investor returns their allocation of assets to the plan that they initially had in their original investment plan. It is a challenging activity to perform. This is because some of the assets that you sell off may actually be performing well. Your core asset classes may also be performing badly and the rebalancing forces you to buy more of them. It may seem like an exercise in futility so average investors do not do it. This results in long term failure. However, if you rebalance, your core investment asset classes can eventually take off and make you a fortune.
Procrastination
This is a very common mistake among investors today. They are unwilling to make investments today instead of tomorrow. It is important to make your investments as soon as possible. This is especially important when it comes to long term investments. Being proactive with your investments allows your capital to grow over time. In addition to that, one needs to make the investments a little every day instead of all at once. This allows for steady growth and eventual profit. Avoid making this mistake by making your daily investment activities automated.
Being impulsive
Part of investment is being patient and holding your position until it pays off. Trends cause some unreliable investments to look attractive for a while. This can distract an investor from their long term positions to make their investment in the short term ones. In most cases, the trends end abruptly and the investor makes a loss. Thus, investors should avoid making this mistake. You should be patient, resilient and hold on to your position and overall strategy. This will result in eventual profits.
Being greedy
Why take a little of something when you can take a lot of it? This is the mantra that majority of investors use when picking stocks. Instead of diversifying their assets, they simply over-invest in one or two hot ones. If these stocks drop in value, the investors whole portfolio tanks. Instead of doing this, one should spread their capital over a wide variety of assets. This protects the portfolio from experiencing losses in case a number of stocks fall.
Trying to time the market
Many investors try to perform their investments according to whether the market is going up or down. They imagine that they are being strategic with these trades. They try to get in and out of the market and score a small profit over a wide variety of stocks. Unfortunately, this rarely or never works. Investment professionals understand that market timing does not work. There is literally no way to time the market such that you make money over its volatile rise and fall. The best way to invest is to have a long term strategy and let your assets survive market volatility. It is already proven that the stock market improves over time. Thus, with a little patience and resilience, an investor can make a handsome profit.
The Important Take Away
Investing, when done properly, can reward you handsomely. Billionaires such as Carl Icahn and Warren Buffet made their fortunes in the investment market. They avoided the mistakes that are indicated above. Therefore, if you want to build your portfolio, learn these mistakes and avoid them too. Excellent 
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| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by Coinbased: 5:35pm On Jan 03, 2021 |
Really |
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| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by calcal: 8:07pm On Jan 03, 2021 |
hellohgy:
One advice I will give anybody planning to invest this year is to try as much as possible to invest in CRYTOCURRENCY.
Bitcoin is currently at 33k dollars, and it is still pumping.
In fact financial specialist predict BTC hitting 100k dollars this year.
imagine if you had bought BTC at 20k dollars.....
There is never a late time to enter the crypto market.
Crypto currency is the way... THE BEST INVESTMENT SO FAR, NO GOVERNMENT WILL DEMOLISH YOUR RESTUARANT. BUY AND KEEP, NO FOMO JUST HAVE A SMALL JOB TO PAY YOUR BILLS SO THAT YOU DON'T SELL AT WRONG TIME |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by Mtola8: 8:12pm On Jan 03, 2021 |
Rabiu4190:
Since you are using glo, you can be doing #100 sub 1gig for night from 12am to 5am expire after 5 days, with that you can download all videos that you need and other materials. Anytime you want to download, just sub #100 for night and get 1gig.
*777#
Choose Night and weekend parkage
You can do weekend self for day time at a very cheap price like #300. My laptop has battery issue, so its more like a desktop. we have light more during the day than at night cause it's a commercial area. |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by TEMINIKANSOSO(m): 11:27pm On Jan 03, 2021 |
hellohgy:
One advice I will give anybody planning to invest this year is to try as much as possible to invest in CRYTOCURRENCY.
Bitcoin is currently at 33k dollars, and it is still pumping.
In fact financial specialist predict BTC hitting 100k dollars this year.
imagine if you had bought BTC at 20k dollars.....
There is never a late time to enter the crypto market.
Crypto currency is the way... How do i contact you |
| Re: 8 Common Mistakes That Every New Investor Needs To Avoid by haddyblog: 4:12am On Jan 04, 2021 |
fr4ncesc:
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