The teaser from the content that precedes the More tag is displayed in preview of this Video Format post. If the « Disable automatic excerpt for this post » option is set to « true », the full post content is displayed in the post preview.
In today’s video we discuss some of the common investment mistakes made by novice investors and how having a financial advisor would have helped to mitigate these mistakes.
Some examples discussed in the video are cases where someone buys an investment without having a strategy to sell the investment. Or, a strategy is in place, but when the moment to sell arrives the investor « moves the goal posts », or becomes emotionally caught up in the investment and is unable to make the correct decision. Additionally, novice investors don’t always consider the tax consequences of buying and selling investments.