The seven deadly sins of investing

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There are many traps that investors can unwittingly fall into. Investor website rplan outlines some of the most common mistakes:

The 7 deadly investor sins, according to rplan, the investor website offering a range of free to use tools (www.rplan.co.uk): Sin no 1. Following Fads Fashions come and go in investing, often to the detriment of individual investors. A good example of an investment fad was the 'dot-com bubble' – which was followed by an enormous downturn. Many of the 'dot-coms' became insolvent, and those who had followed the trend lost money. Instead of trying to guess the next 'big thing', create a well-balanced portfolio which will bring you decent returns, at a level of risk level that you are co...

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