Investing Mistakes the RICH Don’t Make

15 Investing Mistakes the Ultra Wealthy Don’t Make
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In this Alux.com video, we will be answering the following questions:
What mistakes the rich don’t make when investing?
What are the most common mistakes new investors make?
What mistakes you should never do investing?
What kind of mistakes rich people never make?
What mistakes can make you poor if you are rich?
What are the top mistakes new investors make?

_________
00:00 – Intro
00:28 – Being emotional
about money
01:24 – Trying to time the market
02:36 – Short term bets, trades
and short term thinking
04:09 – Being cash poor
05:28 – Putting all your eggs
into one basket
09:20 – Spreading yourself too thin
10:54 – Investing in something just because X invested in it
12:49 – Investing in things they
don’t understand
13:38 – Failing to rebalance a personal portfolio
15:41 – Panic selling
18:25 – Investing based on what’s
on the news, newsletters or forums
19:20 – Not taking out profits
20:41 – Constantly checking
your investments
21:18 – Going YOLO
22:00 – Thinking
“this time is different”

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