3 mistakes often made while investing: (A Thread)

1. Not understanding the investment

Don’t make an investment just because your favorite guru is doing it

Research the investment

Run the numbers

Then pull the trigger if you decide it’s right for you

2. Investing in the name, not the overall company

Believe it or not, not all of the popular companies make sense as an investment

The biggest mistake you can make is falling in love with the name

Remove emotion from your investing and learn to make quantitative decisions

3. Lack of patience

Very few investments pay off big overnight

Just like trees, your investment portfolio needs time to grow

Water it, and give it sunlight (your attention) often

Quick money comes with big risk

Don’t be afraid to play the long game