Rookie Mistakes Even Experienced Investors Make
Manage episode 358811521 series 3460411
mistakes. No matter how experienced you might be, we’re all susceptible to a moment of weakness.
On this episode, John will cover some of the top rookie mistakes we see people make and share examples of how he’s seen this play out. Plus, he’ll illustrate how to avoid these missteps or how to fix them if you’re already made some in your financial life.
Here’s some of what you’ll learn in this episode:
- Do you have a purpose for the money you’re investing? (1:39)
- Why investors don’t always understand the amount of risk they have. (6:43)
- How emotions play a role in the decisions you make. (9:15)
- Why we all fall into the trap of a ‘hot tip’ (13:32)
- The role your advisor should play in helping you avoid these mistakes. (16:46)
Connect with us:
Web: https://rosewoodwealthmanagement.com/
Phone: 919-391-3446
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