How many investor would admit that they still make silly mistakes over time?
All investors believe that they are objective, calm, and making well-informed choices. However, in reality, we often make unintended mistakes. These mistakes are not made out of carelessness and in fact, investors usually make the same mistakes over time. In today’s post, we will be cover three of the most common mistakes made by investors, its thought process, and how you can potentially avoid making them yourself.
Procrastination and Impulse
The decision to buy and sell is not always an easy one to make. The simplest reason is that market prices fluctuate almost every second hence, we might be paying or losing up to hundreds of dollars for every cent (fraction of a cent) difference. That said, sometimes we might be thrown off if the price fluctuates in an erratic manner. In some cases, prices might...