5 Mistakes An Investor Cannot Make!
When thinking about investing, we must always bear in mind what we can and cannot do so that it does not affect our income.
The best way to avoid mistakes is to learn from others, see some mistakes for you to avoid, these are 5 Mistakes An Investor Cannot Make!
1- Don’t save before investing
Investing without first saving can make the process difficult. Sandra Blanco, investment strategist at brokerage Órama, said that this is one of the points that many people forget when they get carried away by the enthusiasm of the investment community. “It’s important not to spend 100 percent of your available funds and set aside as much as possible for investment,” he said.
3- Belief that investment attracts immediate return
It is important to calibrate the time horizon when investing. The idea that high returns are possible in a short period of time frustrates people and they are more likely to give up on their investments. For Cristiano Corrêa, coordinator of the management course at Ibmec and professor of finance, “investing is above all a commitment, with a long-term vision”.
4 – Making unfounded decisions
It is essential to develop a study plan, with the aim of continuously selecting sources of information. “It’s important to always look for information, because you won’t learn everything you need in just one course or one video. I’ve been in the market for almost three decades and I’m learning every day”, explained the strategist. Another option is to rely on guidance from professionals, such as investment consultants, which Corrêa, from Ibmec, believes is an essential step. “Today, the vast majority of brokerages have access to an investment advisor who can help the person learn more, understand, even if it is sometimes difficult to get started”, he argues.
5 – Trust emotions, not reason
Moments of risk open a window of opportunity that novice investors don’t always get to take advantage of. Jerson Zanlorenzi, head of equities and derivatives at BTG Pactual, believes the key is to remain calm, even when stocks experience a sharp drop. “You have to stop and organize your strategy and remember that there are some great companies in the stock market that have been through a lot of downturns and are doing well today. Indeed, many of them emerged stronger from past crises. best moment of ‘natural selection’ in all sectors”, he said.
These are 5 mistakes that an investor cannot commit, both beginners and veterans in terms of investment, we at Sobre Investir are always looking to help our readers to have good results and not get lost in their investment trajectory!