Many new investors lose money not because of the market, but because
of their own mistakes. Here are the top 5 mistakes to avoid:
1. Timing the market — Time in the market beats timing the market.
2. No emergency fund — Always keep 6 months of expenses aside first.
3. Following tips blindly — Do your own research before buying.
4. Putting all eggs in one basket — Diversify across sectors.
5. Emotional decisions — Fear and greed destroy portfolios.
Avoid these mistakes and you are already ahead of most beginners!
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Disclaimer: This article is for educational purposes only and is not investment advice. Investment in securities market is subject to market risks.