On October 21, 2009, I taught a one hour class on the website edufire about The 10 Most Common Mistakes People Make When Investing.
The 10 Most Common Mistakes:
#10: Narrowly defining “Investing”
#9: Taking big risks in hopes of earning a big return
#8: In monetary investing, failure to focus on the 4 things that matter
#7: Trusting untrained feelings
#6: Trusting a number
#5: Trusting or distrusting, rather than verifying
#4: Deciding it’s verified without asking what is required to know it is
#3: Thinking the future must or can’t follow the past
#2: Not knowing how to strike a balance: eggs in one basket vs diworsification
#1: Failing to look deeper
