Top 6 Mistakes to Avoid When Investing

‘All Investment Mistakes Are Investor Mistakes’

Is that really true? Today we’ll dig in and see how to avoid making the most common mistakes with your investments! 

Avoiding Big Mistakes with Investments

‘All Investment Mistakes Are Investor Mistakes’

I saw that headline in an older article in The NY Times. Based on personal experience when I first started out, speaking with others on the podcast, and hearing from the community, there’s some truth to that. 

I’ve gotten emails and heard from others about what they should do with their portfolios. 

It’s one thing to have a plan on paper on what you’re going to do; it’s another to watch the volatility on the news or follow along on your phone and actually stick with the plan.  

Whether you’re investing for retirement or another goal, I’m guessing you’re looking to get some good returns. 

Today we’re looking for how you can become wiser, less stressed out investors. 

In this episode, we’ll discuss:

• The biggest mistakes couples make when starting to invest
• Traps that can derail your investments
• Creating a system that works for you as a team

Let’s get started! 

Resources to Stay on Top of Your Money

Here are some resources to make managing your money much easier!

• Best Budget and Money Apps: Personal Capital, Tiller, Mint
• Free 401(k) Analysis: blooom
• Grow Your Stash Faster: High Yield Savings with CiT Bank
• Jumpstart Your Marriage and Your Money
• A Smarter Way to Think About Financial Decisions
• 401(k) Basics: Everything You Need to Know

Thank You to Our Sponsor Coastal!

Support for this podcast comes from Coastal Credit Union! If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today.

If you want to be better prepared financially for retirement, please check out Coastal’s 401(k) Planning Calculator.

Support the Podcast!

Thank you so much for listening to the podcast!

• Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
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• Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!

Music Credit

Like the music in this episode? Our theme song is by Gentle Regime. Additional Music from Artists at Audiio.