Following are some of the top investing mistakes to avoid during your financial journey:
- Looking for Extreme Safety
- Investing without Understanding
- Buying random mutual funds
- Doing Investment via PMS
- Having EMIs for more than 50% of Income
- Trend Chasing or Following Friends
- Not Finding Bulk Buying Opportunities
- Not considering Income/Stock Portfolio
One not only needs to follow investing mistakes to avoid, but also continuously evolve over their investment journey. They can start by:
- Start with Nifty50
- Then buy individual blue-chip companies
- Take some risk in the portfolio, in small increments
- Find bulk buying opportunities
Learn more on IntelliGuild or follow this link to read more top investment mistakes to avoid.