Jun 10, 2021
The process of building wealth isn’t always easy, but sometimes investors make it harder than it needs to be. Some of the most expensive, progress-destroying mistakes investors make are entirely avoidable.
By adopting the right mindset about your portfolio, you avoid losing money, protect yourself and set yourself up for bigger opportunities.
Why do we get in trouble when we start investing on emotion? What can we learn from seasoned and experienced investors and traders to fortify our wealth?
In this episode, I’m going to talk about the biggest mistakes I see investors make over and over again, why they are dangerous, and how to do things differently.
Three Things You’ll Learn In This
Episode
How to protect your wealth by spreading the risk
Investing too heavily in one stock is the fastest path to a huge loss. How do you avoid that risk?
The importance of tweaking and course-correcting our plan
How often do we need to rebalance our portfolio if we want to set ourselves up for success?
Why we have to keep our emotions in check if we want to succeed
What mindsets and emotions will DEFINITELY lead to investing catastrophes even if we have the best intentions?