Many new investors B Riley Financial buy shares stocks too quickly without proper knowledge. Here are frequent mistakes:
- Not doing research Buying shares of Tesla just because they are popular, without checking fundamentals.
- Lack of diversification If that stock falls, the whole portfolio suffers.
- Ignoring fees and commissions Brokers may charge trading or withdrawal fees.
- Chasing quick profits Short-term news can mislead and cause losses.
- No investment plan Without clear strategy, emotions control decisions.
- Not understanding risk levels Growth stocks, for example, can rise fast but also fall sharply.
Avoiding these errors helps investors build a balanced portfolio.
