Here is how to avoid making these mistakes:
1. NEVER buy and hold speculative stocks! Speculative stocks have a 90% or higher chance of failing.
2. If you buy solid companies or ETFs, NEVER panic and sell! If you are buying good companies and are diversifying, the odds of your portfolio turning back around are very high. Wait the time and have patience.
3. NEVER blindly buy what your friends tell you to buy. ALWAYS do more research and ensure the company is not speculative.
Hint: most biotechnology firms are speculative :)
SAVE this post for later. I will see you tomorrow with another video!
#stocks #investingtips #investing