How To Avoid Common Investment Mistakes

How To Avoid Common Investment Mistakes by Hayley Carr, Burgundy Blog

As investors, each day we face triggers. Whether they manifest in our conversations with friends and colleagues, or in the barrage of daily media messaging, we are constantly surrounded by information that triggers hard-wired, internal “fight or flight” emotional responses. These responses originated as a means of survival for our ancestors who roamed the African Savannah, and have not adapted to our modern world. Most critically, they run counter to every sound investment decision we should make for long-term success.

Investment success can be distilled down to a single, simple principle: buy low and sell high. The difficulty...