As the saying goes, no one is perfect. That applies in the arena of investing as well.
It’s easy to get tripped up as investing involves money.
I’ve probably lost count of the number of silly mistakes I’ve made over the years.
It’s safe to say that you, dear reader, have probably made your fair share of errors too.
Some may be minor, while others may have lost you a sizable chunk of money.
The important theme here is to recognise the mistake for what it is, learn from it, and (hopefully) not repeat it.
Learning from others’ mistakes is even better, as this means we don’t have to commit it ourselves.
Here are five common mistakes that investors make, and that you should actively try to avoid.