3 common investor mistakes

1. Not really knowing where you are investing It is important to research where you are investing in order to make informed decisions about your finances. This includes knowing which companies or funds you are putting your money in and what your investment objective is. 2. Focus on profitability and leave risks aside The goal of every investor is to see his money yielding, however, for the investment to generate good profits, it is extremely important to analyze the risks involved, and balance it with the investor's objectives. Some investments are riskier than others, and it's important to understand the level of risk you're willing to take. 3. Wanting to make money fast Some investors, anxious to make quick money, end up investing all of their equity in short-term investments. It is necessary to understand that diversification also involves the redemption period of assets. In addition, several investments with longer terms tend to charge less income tax and offer higher rates of return.