21d • General discussion
A question 🙋♂️ for the group?
What’s been your biggest investing mistake?
I’m pushing hard to encourage more people to start investing, and I want to highlight the real lessons that come from experience — the wins, but also the painful mistakes.
We learn IMO, more from what didn’t work than from what did.
For example, some common ones I’ve heard include:
• Not starting early enough
• Selling too soon out of fear
• Chasing the latest “hot tip”
• Ignoring diversification
• Letting emotions take over
I gambled out life savings on individual stocks in 2019/2011 without having any idea what I was doing…
My wife was due to have our second daughter - and we were about to move into our second home…
It caused me big problems at home - let’s say I wasn’t flavor of the month - or the year!!!
What’s your biggest mistake relating to investing?
Because giving me a bit of support might just help someone else avoid the same trap. The same painful mistakes!
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A question 🙋♂️ for the group?
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