Saturday, April 24, 2010

Common Mistakes by Investor

Some common mistakes made by Investor like:

  • Confusing financial planning with investing.
  • Investing only for the purpose of tax saving.
  • Neglecting periodical review of the financial situation.
  • Delaying the accumulation period.
  • Setting unrealistic goals.
  • Looking for quick-fix financial solutions instead of a long-term strategy.
  • Making too tight an investment commitment to fulfill.
  • Expecting unrealistic returns on investments.
  • Not giving sufficient importance to insurance.

1 comment: