Business
New to investing? 3 beginner mistakes to avoid
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
One of the most important factors when it comes to investing successfully is the amount of time your money is productively working for you in the market. The longer your money is working smartly for you, the more it can compound and grow on your behalf. That makes early investing mistakes particularly brutal; it’s not the money you lose, but the time you lose that destroys your ultimate portfolio value.
Still, even the best investors had to start somewhere, and there are a lot of rookie mistakes that catch new investors unaware. Still, they can be easy to avoid if you recognize them in advance of committing them. If you’re…
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