10 Top Investing Blunders

Bankrate Via CNBC   |  Cheryl Allebrand   |   December 6, 2007 10:23 AM


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Everyone knows the secret to investment success is to buy low and sell high. The problem is most of us lack clairvoyance.

We asked experts to weigh in on some of the most common mistakes investors make, and while it's easy to see that chasing hot stocks (the most frequently cited mistake) would be an exercise in futility, they reported other less obvious pitfalls to watch out for.

There are never any guarantees when investing, but avoiding these 10 missteps will better your chances of success.

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- Fuji See Profile I'm a Fan of Fuji permalink

Probably the biggest investment mistake? not getting started.

    Favorite    Flag as abusive Posted 02:01 PM on 12/06/2007
- RDixon See Profile I'm a Fan of RDixon permalink

My number one investing blunder?
Not buying Google @ $87.00 because I thought it was overpriced.

    Favorite    Flag as abusive Posted 11:52 AM on 12/06/2007
- godlessclif See Profile I'm a Fan of godlessclif permalink

You left out the most important one.
Never, ever , ever take broker's advice.
If your broker recommends a stock it is usually
because a bigger customer, with more experience and better information that you wants to get rid of it and is paying the broker to dump it on some saps.

    Favorite    Flag as abusive Posted 10:47 AM on 12/06/2007
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