Ten Worst Mistakes Beginner Investors Make

1. Confusing gambling or speculation with investing

2. Not researching the investment

3. Investing without a time horizon in mind

4. Forgetting that returns come with risk

5. Not knowing your risk tolerance

6. Putting all of your eggs in one basket

7. Thinking a low-cost investment is always a good investment

8. Overlooking tax consequences

9. Paying more than what’s necessary for trading and brokerage fees

10. Acting on the premise that markets are efficient