Jia jia
2023-01-22

1) FOMO (Fear of missing out) did not do much studies on particular stock and rush to buy in. Listen to friend or guru on the stock. Chase high.

Consequence: buy at high price, bought a wrong company, overvalue. Trapped at the high price and become a long term investors

2) Not setting your cut lose And understand your investment purpose

Consequence: Dumping more money to average the cost, or lost the opportunity cost to invest in other better Stock which can help you to grow your capital

3) Over leverage (Borrow to buy without proper risk management) 

Consequence: Cash flow issue, not financial healthy

 

Proper financial and risk management . Cheers! Happy Investing. We have to break through the emotional part! 😉

Modified in.2023-01-23
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