Top 7 Beginner Investing Mistakes (DON’T DO THIS)

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Learn from my mistakes, and save yourself the trouble and the money! Here are 7 lessons I learned from personal experience, and they’re the common pitfalls I’ve seen from teaching thousands of others about investing. Investing is simple, but not easy. Just look out for these 7 beginner investing pitfalls!

00:01:20 – Mistake #1: Not investing at all
00:04:05 – Mistake #2: Not having an emergency fund
00:07:18 – Mistake #3: Waiting too long to get in
00:09:46 – Mistake #4: Investing too much money at once
00:11:05 – Mistake #5: Not investing enough to cover future financial needs
00:14:25 – Mistake #6: Not considering taxes
00:16:55 – Mistake #7: Not being honest with yourself about how hands-on you want to be

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***FREE DOWNLOAD: The Ultimate Guide to Brokerage Accounts
Everything you need to know about IRAs, 401(k)s, HSAs, and taxable accounts. What they are, which ones you need, and where to open them!
http://bit.ly/ultimateguidepdf

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***RECOMMENDED READING LIST***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
https://amzn.to/2VbJ1Pt

The Little Book of Common Sense Investing (Jack Bogle’s classic advice on index funds)
https://amzn.to/32ewzjj

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
https://amzn.to/2SLTYpn

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
https://amzn.to/2SKyklt

Rich Dad Poor Dad (#1 selling personal finance book of all time… need I say more?)
https://amzn.to/2SJ6vtx

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
https://amzn.to/37N2adc

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DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!

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