Learn To Invest

Edited 28 Aug 2022

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General Investing

5 Investing Mistakes I have made, and you should not make

It’s no secret that the 2020 pandemic introduced a fresh flood of young investors ready to try their luck in the stock market.

The pandemic provided the ideal opportunity to begin investing, since stocks were less expensive to purchase as the market fell. Interest rates were near zero, leaving many millennials trapped at home with nothing to do.

Furthermore, many new brokerages provide excellent sign-up bonuses with no minimums and low-commission trading. This enables practically anybody to begin investing, even with a modest sum of money.

I made a lot of blunders when I first started investing. These are the five mistakes I made that you should learn from and avoid if you are starting your investment journey.

What are the 5 investing mistakes I made? Let's find out! https://learntoinvests.com/5-investing-mistakes/

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Rike Morgan

31 Aug 2022

I realised how important it is to spend less time thinking about my portfolio - when you obsessing and checking the portfolio you feel the need to do something, even when the best course of action is to sit back.

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Eiscue

29 Aug 2022

Thank you for the advice! I think what you have said is very relevant to this digital age where many youngsters are "financially woke" as well.

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1M45

28 Aug 2022

I also constantly check my portfolio. I cry abit 😢 then buy more....

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What was the first investment you made and how much? If you were to make your first investment again today, what would it be and how much?

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I am interested in stocks (short-term investment) that would rise based on people making New Years resolutions for physical fitness or diets. Have anyone made any such investments?

I am a self-employed Real Estate Agent. Although it is possible for me to make a 5-6 figure income a month. My sales can still be 0. How much savings should I be setting aside before investing?

Brexit uncertainties have made the pound weak. Does it make sense to invest in a major stock like GSK due to upside in both currency and company track record?