Investing is the best way to build your long-term wealth provided you make smart investment decisions and you take a long-term view. However, we’re often our own worst enemies when it comes to investment decision-making. Poor investment decision- making can be very costly. These decisions can be the result of our psychological biases.

It’s important to understand common investment decision-making mistakes and how you can avoid them. At the end of the day, good investment decision-making lowers your risk and improves your returns.

A peek at what’s inside...

Evaluating risk versus reward

How to Avoid Emotional Investing

Focusing too much on the tax implications

By the end of the book, this is what you will know:

  • Not getting as much relevant information as possible
  • Focusing on avoiding losses rather than making gains
  • Not taking enough risk
  • Investing based on the past, not the future
  • Oversimplifying things
  • Jumping on the bandwagon
  • Waiting too long to start

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