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11 Common Mistakes Investors Make
There are a number of Cognitive biases that lead investors to make the same mistakes: Confirmation bias: A tendency to seek out information that confirms one's preexisting beliefs or hypotheses. Anchoring: A tendency to give too much weight to the first piece of information encountered (the "anchor") when making decisions. Herding: A tendency to follow…
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The Benefits And Risks Of Investing
The potential benefits of investing include the growth of your investment, income from your investment, and the potential to sell your investment at a profit. The risks of investing include the loss of your investment, the possibility that your investment will not perform as expected, and the potential for fraud. Here’s our complete list of…
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Best Budgeting Tips
Table of Contents Budgeting is not rocket science. It requires basic arithmetics, some forethought and planning. You need to know what you have, what you need, and what you want. Once you have that information, you can start creating a budget that will work for you. Above all, you need the discipline to apply your…
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Best Free Online Brokers in Canada
Online brokers are websites that allow investors to buy and sell stocks, bonds, and other securities. They typically offer lower fees than traditional brokers, and they allow investors to trade directly from their computer or mobile device. The best online brokers in Canada are typically the ones with the lowest fees and the most features.…
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Best Investing Books
Investing books talk about a wide variety of topics, including but not limited to: the different types of investments available, how to choose an investment strategy, how to develop and monitor a portfolio, and how to stay informed about changes in the market. There are many reasons to read a book on investing. Perhaps you…