INVESTING in the stock market can be an exciting and rewarding way to grow your wealth, especially with the Philippine Stock Exchange Index declining. However, as the market continues to fall, it's important to be aware of the potential pitfalls that can derail your financial goals.Whether you're new to investing or have been in the game for a while, understanding and avoiding common investment blunders is crucial to safeguarding your hard-earned money.
Sometimes the best offense is defense. Proper diversification offers you a solid defense in varying market conditions.– Chasing profits. Every investor's goal is to earn money yet sometimes with the desire to turn an investment into profit, people try to buy and chase investments that are past their momentum stages.
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