Diagram of private equity co-investment structure for Equity co-investment (Photo credit: Wikipedia)Financial IQ Philippines Quick Hit(s):
If you have made some investments in your life, there is a pretty good chance that you have already committed one of the mistakes outlined below.
Like you, I have made my share of mistakes. I invested on high yield investments that are questionable but due to 'greed', I still ventured. How we react to these mistakes determine how much we are progressing and learning in life.
Almost everyone makes investment mistakes. Yet, these mistakes may benefit us in the future, as we utilize our knowledge to make better and more informed business and investing decisions even if they cost us money the first time around. Like the advices from our parents, we must often experience it ourselves before we truly learn from them. However, if we know about our tendencies before we make them, it is much easier to recognize the problem and learn from it. Here are 10 common mistakes that people make when it comes to investing.
1. Blinded by Reward
2. Impatience
3. Missed the Train
4. Bubble Bursting
5. Influence of the Masses
6. Taking Investing Personally
7. Uncomfortable Investments
8. Heightened Expectations
9. Low Capital Investments
10. Investing Before Debt is Reduced or Eliminated
http://moneyning.com/investing/10-common-mistakes-people-make-when-investing/?utm_medium=feed
Why is Financial IQ important in Philippines? Financial IQ is extremely important not only in the Philippines, but in the entire world. With solid Financial IQ, better financial choices are made. With good Financial IQ, money works for us. With excellent Financial IQ, we can easily find business opportunities in Philippines. With excellent Financial IQ, we can ride the growth of Philippines stock market. With great Financial IQ, we can gain Financial Independence.
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