Personal Finance
Costly Investing Mistakes & How to Avoid Them
By ValueChampion  •  May 7, 2020

Individuals around the world have become increasingly interested in managing their own investments due to the economic impacts of the COVID-19 pandemic. This is good news, to the extent that retail investors are prudently managing their money. However, all of us are prone to making various investing errors. In this article, we highlight some common mistakes and provide tips for individuals that want to begin investing their hard earned cash.

Lack of Adequate Financial Planning

Many individuals know that they want to invest, but also have very little free time to conduct their own research and analysis. Furthermore, many are unaware of the professional services available to them, or are unwilling to pay for such services. This can be a recipe for disaster. We strongly recommend that any individual interested in investing their own hard earned money should study basic investing and valuation techniques before getting started. This requires

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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