In this episode, we're talking about the top four mistakes investors make.
When it comes to stocks, we all know we're supposed to buy low and sell high, but for many of us, that's a lot easier said than done. Many investors tend to buy when the market's topping, then panic and sell at the bottom.
That's one common mistake investors make, but it's far from the only one. Today, we're talking to a behavioral investing expert about how simple mistakes can lead to big losses, especially during times of economic uncertainty. He's going to help us avoid falling into behavioral traps and make us all better investors.
Host Stacy Johnson (www.moneytalksnews.com/author...) is joined by financial journalist Miranda Marquit (www.moneytalksnews.com/author...) . Listening in and sometimes contributing is producer Aaron Freeman (www.moneytalksnews.com/author...) . Our guest is Jason L Smith, CEO and founder of C2P Enterprises and author of The Bucket Plan (c2penterprises.com/leadership...) .
Before you listen, remember: This isn't financial advice. So make sure to do your own research and consult your own experts before acting on anything you learn here.
You can listen to the podcast wherever you get your podcasts:
• Listen on Apple Podcasts (podcasts.apple.com/us/podcast...)
• Listen on Google Podcasts (www.google.com/podcasts?feed=...)
• Listen on Spotify (open.spotify.com/show/4XzsoL5...)
We all make money mistakes
It's impossible to get through life without making a mistake or two. Whether it's listening to the wrong financial guru (www.moneytalksnews.com/listen...) or even if you make a big mistake (like Miranda) that ruined your credit (www.moneytalksnews.com/the-an...) , we've all been there. We talk specifically about investing mistakes, but we have plenty of resources to help you identify and avoid other money mistakes.
• 12 Home-Selling Mistakes You'll Regret (www.moneytalksnews.com/slides...)
• 7 of the Worst Car-Buying Mistakes You Can Make (www.moneytalksnews.com/slides...)
• 6 Mistakes To Avoid When You Turn 65 (www.moneytalksnews.com/slides...)
• 27 Big Financial Mistakes That Most People Make - and How to Fix Them (www.moneytalksnews.com/slides...)
• 14 Mistakes That Are Running Up Your Water Bill (www.moneytalksnews.com/slides...)
• 16 First-Time Homebuyer Mistakes To Avoid (www.moneytalksnews.com/slides...)
• 10 Embarrassing Mistakes Almost Everyone Makes (www.moneytalksnews.com/slides...)
• 5 Retirement Planning Mistakes You'll Regret Forever (www.moneytalksnews.com/5-reti...)
• 9 Money Mistakes Setting Fire to Your Future (www.moneytalksnews.com/money-...)
Investing for the future
Don't let the fear of making mistakes keep you from investing. In fact, one of the biggest mistakes is not getting started. Here are some articles that can help you become a better investor.
• 3 Myths That Successful Investors Wish You'd Stop Believing (www.moneytalksnews.com/slides...)
• Saving Is Not Enough: Why You Need to Invest (www.moneytalksnews.com/slides...)
• 5 Simple Tips to Make Money With Stocks (www.moneytalksnews.com/simple...)
• Investing in Gold and Gold IRAs: 5 Things You Need to Know (www.moneytalksnews.com/invest...)
• How to Choose Between Active and Passive Investing (www.moneytalksnews.com/slides...)
• 7 Things You Should Know Before Investing in I Bonds (www.moneytalksnews.com/7-thin...)
• 9 Tips for Sane and Successful Stock Investing (www.moneytalksnews.com/slides...)
• Environmental, Social and Governance (ESG) Investing: Hope or Hype? (www.moneytalksnews.com/enviro...)
• How to...
7 май 2024
