3 brutal mistakes you’re probably making as a new investor

Are you a new investor trying to understand that whole new world you’re getting ready to take on?

If yes then this definitely for you! I assume you already have your brokerage account set up. I use Webull!

So, I see you with that blank stare staring at those graphs wondering, “what in the heck am I looking at?”

I’ve been there! We’ve all been there. Lucky for you I’m here to help! So, let’s get started!

Here are the 3 brutal mistakes you’re probably making as a new investor:

• Not contributing to your portfolio.
• Following the tide.
• Not doing your own due diligence.

Contributing to your portfolio is a huge deal, I mean a HUGE deal. Don’t expect to throw $5 and make $100 over night. This isn’t a casino.

A solid contribution is contributing money you’re okay with losing if that we’re to happen, and it does. That’s part of the process!

Contributing money over time helps your portfolio grow, in most cases, exponentially faster! That’s what you want!

But beware, you must be careful of PUMP AND DUMPS. These stocks rise quick and fall even quicker, usually followed by hype.

I call this following the tide, going into an investment blindly because others are in it and you see “potential” based off of what someone said.

Do yourself a favor and do your own due diligence before you even think about touching a stock!

Trust me when I say this, you will be happy you took the time to look at the graph, the financials and all that fun stuff nobody ever reads.

With great investing comes great learning, contributing, and doing your own research and due diligence.

If there’s any other advice I want you to hear it’s this.

By the time you hear about a stock pumping it’s already too late.

Don’t follow the tide, be a leader and make your money for you!