10 INVESTMENT MISTAKE

Delivered by BOLAJI O. ‘FEMI

The President Of The School Of Business International
08053164429, 08137377034
1. GAMBLING

 The different between gambling and investment is that when you

invest, you have a far better chance of making profit.

 But the pleasure of investing, the extent, the thrills are close to
those of gambling.

 Symptom of gambling are not caring about profits, preferring

volatile stocks to conservative stocks – you are not satisfied with
small profits.
2. PLAYING THE SUCKER

 Never buy anything from someone you know only via

the telephone or Internet.

 And be very wary of the prizes you win in contests you

did not enter.
3. NOT SEEKING ADVICE

 Many financial advisers are incompetent

 Many are venal (corrupt)

 Devote your time to finding a competent conscientious

adviser
4. RELYING TOO MUCH ON OTHERS

 No one cares as much about your money as you

do.

 Don’t give anyone right to invest a large

percentage of your assets without a thorough
investigation.
5. NOT BEING SUSPICOIUS ENOUGH
Would you rather be a suspicious person or a poor
person?

Bear in mind that there are people out there who will
say almost anything to separate you from your money.

One way to identify the wicked people: You like them

a lot. They are charming, friendly and warm.
6. NOT ENQUIRING ABOUT
COMMISSION

The higher the commission you pay usually,

the worse the investment.
7. MAKING QUICK DECISION

Anytime someone tells you that an investment opportunity is

good that you don’t have time to gamble.

Discuss it offhand.
8. NOT BEING HUMBLE
9. BUY UP UNUSUAL INVESTMENT

 If you can’t understand it, forget it.

 Stick to meat and potatoes’ stocks and bonds.

10. NOT BEING DIVERSIFIED

Diversity vertically – spreading across different

industries.

Horizontally – across different types of investment, not

joke stocks, but cash equivalent, bonds and real estate.
THANK YOU