The Financial Answer

Financial planning guidance from West Tennessee’s Nathan O’ Bryant.

What Mistakes Do Bad Investors Make?

Posted on November 21st, 2019

Whether you’ve been investing for decades or just starting out, there are things you shouldn’t do if you want to be successful. Let’s take a look at the mistakes you’ll commonly find the worst investors making.

 

Show Notes and Additional Resources: https://thefinancialanswer.com/podcasts/what-mistakes-do-bad-investors-make/ 

 

On This Episode: 

1:59 – In the News: What do you think about Elizabeth Warren’s billion dollar tax plan?

6:35 – Confidence Corner time

7:20 – Let’s talk about the worst investors starting with trying to get rich quick.  

9:17 – Operating without a cohesive plan leads to bad investing.  

11:16 – Following the herd mentality rather than thinking independently.

13:09 – A lot of times bad investors focus on the short term rather than long term.

14:26 – Focusing on the areas you CAN’T control.