23. Investing mistakes we've made (and what we've learned)
There are countless ways to learn as an investor, from books, to podcasts (like this one), to quarterly earnings reports. Even so, some of the most memorable lessons are the ones we make through trial and error. Aussie FIRE co-hosts Dave and Hayden are no exception – in fact, were it not for their investing mistakes, they wouldn’t have made it this far.
In this session, they cover the key lessons they’ve learned from their investing mistakes over the years. These include:
- Trying to pick stocks without really knowing what they were doing
- Overcomplicating the investing process
- Putting too much stock in predictions
- Watching price movements too much
And many more. Have you made any of these mistakes? If so, great – it’s all part of the investor’s learning experience!
Pearler
Strong Money Australia
Original Aussie FIRE e-book
Strong Money Australia’s audiobook
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
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