How to avoid this mistake: Set clear goals for your investments. Are you aiming for long-term growth or short-term gains? Do you want to retire early or just have enough wealth in your 60s to never worry about money again?
How to avoid this mistake: Diversifying your investments is like having a well-balanced meal instead of just one type of food. To do it, spread your money across different investment options, like stocks, bonds, and real estate.