Letter from viewers
Big losses? Think market crash, companies going bankrupt, bank robbery…think financial mistakes. Yes. Investor mistakes stack up to cost much more than you think. And we aren’t even talking about the more complicated equity-related ones like mis-timing the markets.
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Committed out of ignorance, inertia, laziness or confusion, these mistakes can add up to a fortune over a life time. Though mistakes are costly, they are deceptively simple to understand and overcome, if you notice them. There are more potent scamsters than Harshad Mehta hidden in your investment behaviour. What follows is a compilation of 10such common though costly mistakes that every earning individual should relate to.