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155. Investment Mistakes to Avoid
Manage episode 441602924 series 3559707
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Welcome back to another episode of the 360 Money Matters Podcast!
In this episode, we discuss common investment mistakes that many investors make and how to avoid them. We highlight the importance of having a long-term investment timeframe, setting realistic expectations, and not getting caught up in market noise. We also emphasize the value of diversification to manage risk and the significance of time in the market over trying to time the market. Additionally, we explore the risks of not investing, the importance of controlling emotions, and the need for a clear investment strategy.
Don't forget to listen and share this episode with someone who could benefit from these insights. Let's grow wealth together—one smart investment at a time!
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights
Importance of long investment timeframe
Importance of diversifying across asset classes
Risk mitigation through diversification
Time in market vs. timing the market
Impact of emotions on investment decisions
Benefits of having a solid financial plan
Connect with Billy and Andrew!
Check out our latest episode here:
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