Misunderstanding Risk
Too much risk can take you out of your comfort zone, but too little risk may result in lower returns that do not reach your financial goals. Recognize the right balance for your personal situation.
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Top 20 Investing mistakes to watch out for.
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Things That Look Good but Don't Really Matter
Beating the market. Investing is about achieving your personal financial goals, not beating the market. Would you rather get great returns but fail to achieve your goals (e.g., because you invested too little, too late), or achieve your goals with mediocre returns (because you in...
Take Daily Risks
Structure and routine are important, but in excess, they may stop you from growing. Taking certain risks can be healthy and rewarding.
Challenge yourself to take a risk each day, do something new or differently, anything that pushes you out of your comfort zone.
Inject Eustress In Your Life
One can include positive stress by:
- Learning something new every day.
- Move out of your comfort zone by taking new responsibilities.
- Exercising daily.
- Set professional and personal goals that are not that difficult.
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