Personal Finance Tip of the Day

Handy Personal Finance
ISBN: 9781578593224

What must you consider before investing, and what are some of the biggest mistakes that individual investors make?

  • You must asses how long you wish to invest your money.
  • You must think about how much you can afford to lose.
  • You should avoid selling when the stock is low or in a panic.
  • You should be wary of recommendations from friends -- a stock's popularity probably means the price is high.

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