IFB279: New Investor Mistakes and How to Avoid Them

An episode of the The Investing for Beginners Podcast - Your Path to Financial Freedom podcast, hosted by By Andrew Sather, Stephen Morris, and Evan Raidt | Stock Market Guide to Buying Stocks, titled "IFB279: New Investor Mistakes and How to Avoid Them" was published on May 18, 2023 and runs 34 minutes.

May 18, 2023 ·34m · The Investing for Beginners Podcast - Your Path to Financial Freedom

Summary

Welcome to the Investing for Beginners podcast! In today's episode it's all about beginner investor mistakes and why you should avoid them like a plague! Listen on as Dave and Andrew discuss timeless mistakes every starting investor makes. Remember, you don't need to pay a high "tuition" price to be humbled by the market! Timestamps of the episode: -Why day trading isn't for every one and probably not for you too. [01:54] -The allure of leverage is doubling your gains but doubling your losses also with the latter happening oftentimes [05:33] -Putting all your eggs in one basket is another sure fire way of losing your money. Remember you're not Warren Buffet. [08:55] -Why timing the market will do you more harm than good. Hindsight is always 20/20. [11:04] -Getting into the "hot" stocks of the day is a bandwagon every beginner investors should avoid. [13:34] -Panic selling shows more of your understanding of the business itself than the market. [16:15] -Buying solely because of the dividend yield is a trap. [20:05] -Watching too much financial news must be avoided like a plague. [22:40] -Following and buying the same stocks as what an online "guru" recommends. [27:23] Note: Timestamps may differ and are approximate, depending on your podcast player. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com  SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description